Written answers

Wednesday, 28 March 2012

Department of Arts, Heritage and Gaeltacht Affairs

Departmental Properties

9:00 pm

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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Question 171: To ask the Minister for Arts, Heritage and the Gaeltacht the number of leases held by his Department, agencies or quangos that have upward only rent review clauses in which the body concerned is the landlord. [17719/12]

Photo of Jimmy DeenihanJimmy Deenihan (Kerry North-West Limerick, Fine Gael)
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As the Deputy may be aware, my Department was established on 2 June 2011 and the position is that it has no lease agreements containing upward only rent review clauses in which it is the landlord.

I am advised that Waterways Ireland, which is one of the North-South Implementation bodies under the aegis of my Department, has ten lease agreements with upward only rent review clauses in place and these all relate to marina leases.

I am further advised that Údarás na Gaeltachta has over 600 lettable units in a substantial property portfolio of over 250,000 square metres located throughout the Gaeltacht in seven different counties. As stated in its latest published Annual Report, 64% of this property is occupied by business or industrial tenants. Several hundred existing leases date from before 28th February 2010, when the ban on upward-only rent review clauses was introduced by Section 132 of the Land and Conveyancing Law Reform Act 2009, and contain standard upward-only rent review clauses.

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