Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Deputy is pointing to possible future fears but I am fully aware that there are risks in everything. Life is risky. If a Minister wants to avoid risk he or she will do nothing. Of course there is risk in REITs but the risk is managed and is minimal as far as I am concerned. Only two REITs have been established so far and both are capitalised at around €400 million. Two REITs with a total investment of €400 million is not going to distort any market or give anybody control.

See this speech in context