Mr. John Coleman:

The main site we have bought to date came from the National Asset Management Agency, NAMA, and was bought before Christmas 2023. It worked out at approximately €19,000 per home. That is not material in the context of delivery costs of in or around €400,000. The cost was approximately €19,000 per home. We are looking at other opportunities at the moment, which are in or around that mark. We assess those opportunities on the basis of scale and on the buildability of the existing permissions. One planning permission is not necessarily the same as another. Some may be inefficient or more expensive to build. We are looking at a number of opportunities at the moment. We think that makes sense for the LDA. The State land bank is not always available to build housing on. It is finite and has to be replaced. We think it makes sense to acquire land when there are opportunities and value available in the market. We are interested in other opportunities at scale, similar to the development in Clongriffin, which could yield approximately 2,300 homes.