Mr. Brendan McDonagh:

The 4,000 units are not buy-to-let or owner occupied. Effectively, these units were built or almost built when we acquired the loans from the banks. Many of them had not been previously occupied when we offered them. However, they have now been completed or we have given funding to complete them and they have been rented to the private sector. Approximately 8,500 units are left in the NAMA portfolio at present.