Mr. Brendan McDonagh:

Regarding the Sir John Rogerson's Quay sale raised by Deputy Donnelly, I explained that that was a sale by a receiver who was obliged to get the maximum return. It was openly marketed. The sale price was agreed in late 2012 and the company involved was interested in doing student accommodation. It went for planning permission. It got planning permission from Dublin City Council. The planning permission was subsequently overturned by An Bord Pleanála. It decided then that it was only interested in accommodation and it sold on the site.