Dáil Éireann - Volume 600 - 20 April, 2005

Written Answers. - Decentralisation Programme.

  182. Mr. Kehoe asked the Minister of State at the Department of Finance if he will clarify the lease arrangements for Departments currently located in the Dublin area, including the remaining leases and annual costs associated with leasing; and if any penalty clauses will apply in the case of Departments being moved out of Dublin as part of the decentralisation programme. [12345/05]

[1768]   Mr. Parlon: Currently the State rents approximately 200,000 square metres of office space in the Dublin area at a cost in the region of €75 million per annum. The length of time remaining on each lease in the portfolio ranges from one to 20 years. The OPW advises that approximately half the current lease stock is due to expire over the next ten years. The particular circumstances applying in each case, including the expiry date of the lease and the alternative development opportunities available to the landlord, will determine whether and to what extent penalties will arise.