Written answers

Tuesday, 26 February 2008

Department of Finance

Departmental Properties

9:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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Question 112: To ask the Tánaiste and Minister for Finance the total cost to date of property or properties acquired under the Government's decentralisation programme; the cost of the property disposed of in lieu thereof; the manner, methodology and advice being used in the process; and if he will make a statement on the matter. [8113/08]

Photo of Noel AhernNoel Ahern (Dublin North West, Fianna Fail)
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The information sought by the Deputy is as follows:

Total cost of site/building purchases — €70.3m

Total cost of leases taken (rent per annum) — €5.1m

Total estimated cost of fit-outs for leased buildings — €17.7m

The total value of properties disposed since 2004, or transferred to the Affordable Housing Partnership or placed in joint ventures to release value is €587.5m

The Office of Public Works internal professional Valuation service was involved in the provision of advice and in the conducting of negotiations for the acquisition of the decentralised properties.

In the case of disposals, the services of outside Estate Agents were used. These services were acquired through the usual procurement processes.

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