Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

No, it is not long-term investment. That is the next phase, which is starting to happen, where these properties will end up being recycled and sold to new investors. That is why things like real estate investment trusts, REITs, are beneficial for us because we will need people to buy these assets.