Written answers

Tuesday, 11 May 2021

Department of Housing, Planning, and Local Government

Real Estate Investment Trusts

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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354. To ask the Minister for Housing, Planning, and Local Government the information his Department, the Housing Agency or any other agency operating under the aegis of his Department has on the number of housing units that have been owned by real estate investment trusts at the end of each of the years 2013 to 2020, in tabular form by the number of apartments and houses. [24500/21]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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My Department does not collect data in relation to the ownership of individual housing units purchased and sold in the housing market.

I understand that data published by market commentators indicates that approximately 15,500 units were owned by investment trusts at the end of 2020.

The Property Registration Authority, which was established as an independent statutory body under the Registration of Deeds and Title Act 2006, records property transactions and ownership in Ireland. The PRA has advised my Department that it does not hold details of the type requested.

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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355. To ask the Minister for Housing, Planning, and Local Government the number of housing units that have been leased from real estate investment trusts by each local authority in each of the years 2013 to 2020, in tabular form. [24501/21]

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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356. To ask the Minister for Housing, Planning, and Local Government the amount paid by each local authority to real estate investment trusts for the leasing of housing units in each of the years 2013 to 2020, in tabular form. [24502/21]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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I propose to take Questions Nos. 355 and 356 together.

The Social Housing Leasing Programme supports the delivery of social housing by providing financial support to local authorities for the long term leasing of houses and apartments.

Details of the owner involved in each social housing leasing project are not held by my Department. These details, and details of the total funding paid to each owner, are held by the relevant local authority. However, I can confirm that total funding paid to private owners in respect of leased dwellings in 2020 was €53.7m.

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