Alan Shatter (Dublin South, Fine Gael)
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Question 160: To ask the Minister for Justice and Law Reform the steps he is taking to provide a publically accessible database of commercial leasehold interests and rents payable; his views on whether it is in the public interest that legislation be enacted to provide for such a database to provide reliable rent comparators to stabilise the commercial rental market; and if he will make a statement on the matter. [43217/10]

Dermot Ahern (Louth, Fianna Fail)
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I have undertaken to progress the recommendations of the Working Group on transparency in commercial rent reviews contained in the report which was published in August. That Working Group recommended the establishment of a public database containing relevant details of letting arrangements and rent reviews in the commercial property market. As I indicated during the course of the recent Second Stage debate on the Property Services (Regulation) Bill 2009, an appropriate amendment is being developed within my Department for inclusion in that Bill which would see the Property Services Regulatory Authority being given responsibility for the management of the database. Work is ongoing in relation to finalising the precise operational details pertaining to that database.