Tuesday, 25 June 2013

Questions (465)

Pearse Doherty

Question:

465. Deputy Pearse Doherty asked the Minister for Justice and Equality when he expects to launch the new commercial leases database, which was due to be launched in early June. [30473/13]

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Written answers (Question to Justice)

Section 87 of the Property Services (Regulation) Act 2011 provides that the Property Services Regulatory Authority (PSRA) shall maintain and establish a database relating to commercial property leases. I am advised by the Authority that work on the development of the commercial leases database is well advanced. As I indicated in my reply to Question No. 537 of 21 May 2013, it was expected at that time that the initial publication of the commercial leases database would occur by mid June. However, as I indicated in that reply, the data which the Authority will use in the first instance were to be obtained from the Revenue Commissioners. Delivery of the relevant dataset was delayed due to pressures on the Office of the Revenue Commissioners arising from the implementation of the Local Property Tax.

I am advised by the Authority that it received the relevant dataset from the Revenue Commissioners very recently. Work on the relevant dataset to generate the commercial leases database is ongoing and the Authority now expects to be in a position to publish the initial commercial leases database in early August. The initial database will contain information covering some 16,039 commercial properties leased during the period 1 January 2010 to 31 May 2013. Following publication of the initial database, it is the Authority's intention to update the database on a weekly basis thereafter.