Oireachtas Joint and Select Committees

Thursday, 27 November 2025

Public Accounts Committee

Report of the Comptroller and Auditor General and Appropriation Accounts 2024
Vote 13 - Office of Public Works
Report on the Accounts of the Public Services 2024
Chapter 5 - Development of a Proposed National Science Centre
Chapter 6 - The OPW's Management of Office Accommodation

2:00 am

Mr. John Conlon:

I will have to double-check the annual cost. I will get that for the Deputy. Leasing gives us flexibility in terms of accommodating agencies and Departments. Our long-term goal would be to increase the number of State-owned properties but that is subject to getting the funding to do that through the NDP. For example, this year, we are buying a building in Dublin 1. We are just completing the contract, which is in the region of €24 million. That will give us a payback in lease foregone of eight years. We are trying to increase the square footage of State-owned buildings over leased buildings. That is a good example of where we go into the market to buy when we see good opportunities like that.

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