Dáil Éireann Debate, Tuesday - 5 March 2019
473. Deputy Catherine Martin asked the Minister for Transport, Tourism and Sport the status of the sale of the Port of Cork property at Custom House Quay, Cork, (details supplied) by the Port of Cork company of which he and the Minister for Finance are the sole shareholders; if transfer of ownership has taken place; and if he will make a statement on the matter. [10553/19]
View answerFollowing a detailed review of the Ringaskiddy re-development funding options the Directors of the Port of Cork Company, in line with Section 15 of the Harbours Act 1996, decided that the Custom House property located at Custom House Quay in the centre of Cork Docklands, would be advertised on the open market for sale.
One party expressed a keen interest in purchasing the property and the Port of Cork Company Board of Directors agreed to proceed with negotiations. An agreement for the sale of the Custom House was signed on 20 April 2017, subject to a number of conditions including receipt of planning.
The Port Company has a target to vacate the Custom House before 31 July 2020.
