Oireachtas Joint and Select Committees

Thursday, 10 October 2024

Public Accounts Committee

Financial Statements 2023: Land Development Agency

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

Regarding rentals, management companies will become more expensive in years to come. The wages they pay staff and their operating costs will go up. The rates on financing the capital may change. Corporation tax will kick in.

I am trying to get my head around the likely increases in the rent relating to the cost-rental model. What sums has the LDA done in terms of annual increases in this regard? How is it working those out?

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