Dáil debates

Wednesday, 5 May 2021

Ceisteanna (Atógáil) - Questions (Resumed) - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Rental Sector

7:50 pm

Photo of Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I thank the Minister for the answer. The question refers to long-term leases involving five or more dwellings. Documents released to me under the Freedom of Information Act show that, at least in some instances, multimillion euro long-term leases were signed, having effectively gone through that process, without independent valuation. Incredibly, the valuations provided by the developer and the developer's agents were relied on. Has the Minister investigated this? How did this happen? Is he confident it will not happen again? What action has he taken to ensure it does not happen again? In how many cases were the market rents submitted by the developer not accepted by the Department or a local authority?

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