Leo Varadkar (Dublin West, Fine Gael)
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Question 86: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the breakdown by area of Industrial Development Authority properties; if, in each instance, the property is IDA owned or leased; if each property is currently occupied or vacant; if leased, the initial length of the lease and the remaining period of same; and if she will make a statement on the matter. [29584/09]

Mary Coughlan (Donegal South West, Fianna Fail)
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The management of IDA Ireland's industrial property portfolio is a day-to-day operational matter for the agency, as part of the statutory responsibility assigned to it by the Oireachtas.

I have been informed that the IDA building portfolio currently consists of 139 units, of which 65 are owned by IDA and 74 are leased from private landlords (known as Private Finance).

Because of the necessity for IDA to have available a range of buildings for promotion to FDI's and E.I clients throughout the country, IDA entered into leases with private investors in the 1980's as part of the Private Finance Scheme. 83 units were provided in this scheme nationally. During the past number of years IDA has commenced a programme to exit such facilities.

In the time available it has not been possible to provide a detailed breakdown of the information requested by the Deputy, but I hope to be in a position to forward it to him by the end of next week.