Jonathan O'Brien (Cork North Central, Sinn Fein)
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Question 70: To ask the Minister for Finance if he will provide a list of the revenue gained by the State from buildings leased by the State to either private sector or public sector tenants which are currently subject to upward only rent reviews. [18591/11]

Brian Hayes (Dublin South West, Fine Gael)
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The Office of Public Works (OPW) has 94 leases where non-OPW parties fund rent. As will be seen from the following tables, virtually all the parties to these leases are State bodies and agencies. Based on current indicative information, this lease stock involves:

76 leases that attach to rented buildings and the total rental revenue is € 10,721,082 – see Table A below

18 leases that attach to owned buildings and the total rental revenue is € 1,602,067 – see Table B below

The leases pertinent to the rented buildings (Table A) attract the upward rent review clause and the leases associated with owned buildings (Table B) are currently being reviewed in this regard.

Rented Buildings – Monies billed by OPW

Owned Buildings – Monies billed by OPW