102 Deputy Pearse Doherty asked the Minister for Finance if he is concerned with the recent report (details supplied) which indicated that commercial property has declined in value by 7% in the first six months of 2011; his views on report findings that the abolition of upward-only rent reviews by Government would see a further 20% to 30% decline in commercial property values; the impact such a decline would have on the adequacy of the stress tests of the four covered institutions; and if he will make a statement on the matter. [22284/11]

Summary

102 Deputy Pearse Doherty asked the Minister for Finance if he is concerned with the recent report (details supplied) which indicated that commercial property has declined in value by 7% in the first six months of 2011; his views on report findings that the abolition of upward-only rent reviews by Government would see a further 20% to 30% decline in commercial property values; the impact such a decline would have on the adequacy of the stress tests of the four covered institutions; and if he will make a statement on the matter. [22284/11]

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• Bank Guarantee Scheme

  xml · EN · 21 July 2011

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