Oireachtas Joint and Select Committees
Thursday, 2 April 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. John Moran:
That is about looking at what journalists say about shopping centres and not knowing in reality what was happening on the ground. In September 2007, that shopping centre was 80% pre-let to international occupiers. These occupiers were stating they were prepared to occupy the scheme for a period of a minimum of ten years and most times agreeing to pay rents. These were the facts of the situation.