55 Deputy Joan Burton asked the Minister for Finance if, in view of reports that the Office of Public Works has acquired a property at Swords, County Dublin for the purpose of expanding the facilities of the National Museum, that the property has been acquired on a 20 year lease at €1 million per annum; if, in view of the depressed property market, an outright purchase of the property was considered; the purchase value of the property; when the acquisition of the property was arranged; the tender process that was established for the acquisition of such a property; the number and the persons who were invited to apply to supply a property through this tender process; if there is an outstanding loan on the property which is likely to be transferred to the National Asset Management Agency; if this loan, and the underlying collateral, is transferred to NAMA, could income derived from the OPW lease accrue to NAMA and contribute to the service of interest on NAMA bonds; and if he will make a statement on the matter. [11065/10]

Summary

55 Deputy Joan Burton asked the Minister for Finance if, in view of reports that the Office of Public Works has acquired a property at Swords, County Dublin for the purpose of expanding the facilities of the National Museum, that the property has been acquired on a 20 year lease at €1 million per annum; if, in view of the depressed property market, an outright purchase of the property was considered; the purchase value of the property; when the acquisition of the property was arranged; the tender process that was established for the acquisition of such a property; the number and the persons who were invited to apply to supply a property through this tender process; if there is an outstanding loan on the property which is likely to be transferred to the National Asset Management Agency; if this loan, and the underlying collateral, is transferred to NAMA, could income derived from the OPW lease accrue to NAMA and contribute to the service of interest on NAMA bonds; and if he will make a statement on the matter. [11065/10]

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• Departmental Properties.

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