Oireachtas Joint and Select Committees
Tuesday, 4 October 2016
Committee on Budgetary Oversight
Forecasts for Budget 2017: Department of Finance
11:00 am
Lisa Chambers (Mayo, Fianna Fail)
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Mr. Power indicated vacancy levels in commercial property were at a record low. According to the graph provided, they are lower than they were in 2003. The witnesses take the view that this should stimulate growth or greater investment in commercial property. The committee has discussed the issue of access to commercial property as it is hampering growth, particularly in the capital. Are there any indications that investment in this sector is beginning to take place?