Mr. John Coleman:

I will supplement Mr. O'Rourke's answer on competition with other State bodies. I support his statement that it is not a space we want to be in. When I say State bodies, I also mean State-funded bodies like approved housing bodies. We are very conscious of that. We spent a lot of time in discussions with the Department about that and how we co-ordinate. In the materials that we put out on Project Tosaigh, we have stated that we will request permission of parties that deal with us to discuss and share information with the Department to operate in a co-ordinated way with other bodies that are in this space.

Over the course of Project Tosaigh, we are trying to target larger scale multi-annual delivery arrangements, which might involve multiple projects for instance over a number of years. The AHBs and local authorities would target developments of probably up to 100 units or so that we would not necessarily be trying to target. To be frank, if we hear any of our counter parties saying they got another offer from an AHB, our stance would be to suggest they should continue their discussions with it because we are not interested in competing with other State bodies. That is a big no-no. Deputy Ó Broin's point is well made. I can assure him that we are doing our best to try to manage that.

Going back to the core point on Dundrum Central, what we are targeting there is 100% social and affordable, with a degree of cost-rental in particular.