Rose Conway-Walsh (Mayo, Sinn Fein)
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435. To ask the Minister for Education and Skills the total value collected from the sale of the former DIT campus building; the total amount from the same of former DIT campus buildings use to fund the Central and East Quad at Grangegorman; and if he will make a statement on the matter. [55559/21]

Simon Harris (Wicklow, Fine Gael)
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At this time, the TU Dublin property disposal strategy has yielded some €172 million, all of which will be reinvested in the Grangegorman development, mostly Programme 3.

The Central & East Quad buildings were delivered by way of a Design, Build, Finance, Operate and Maintain (DBFOM) PPP contract, and therefore most of the costs will be payable by way of monthly unitary charge payments over the operational period.

An amount of c.€36 million from the property disposals has been allocated to fund the TU Dublin element of overall project costs. TU Dublin is covering 42% of the unitary charge payment, including from savings achieved from the consolidation of provision on the Grangegorman campus.