Mr. Philip Maguire:

I will reply to those points. I will answer the Deputy's final point first. Neither Dublin City Council nor the Dublin Docklands Development Authority has landholdings in the area. Private individuals own lands and NAMA owns the loans on certain lands which are subject to receivership and, obviously with regard to the law of receivership, it has to maximise the value. That deals with that point.

We, as either a city council or an SDZ agency, will not be developing office blocks. We will market, provide infrastructure and work with other State agencies to facilitate that.