Mr. Brendan McDonagh:

Yes, effectively we will buy the properties and put them on to NAMA's balance sheet and then we would lease them. As I said, one of the issues is that the debtor and receiver were less enthusiastic and did not want to do a lease with the approved housing body. We decided to buy the properties from the debtor-receiver and get them out of the picture when we would then be able to deal with the approved housing body.