Thursday, 11 February 2021

Questions (68)

Cian O'Callaghan

Question:

68. Deputy Cian O'Callaghan asked the Minister for Finance if the Ireland Strategic Investment Fund retains ownership when it invests in residential properties through third-party investment companies that sign long-term leases with State agencies, local authorities or approved housing bodies for properties at the end of the long-term lease; if a value-for-money analysis is being undertaken of these financing arrangements for providing social or affordable housing; and if he will make a statement on the matter. [7575/21]

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Written answers (Question to Finance)

I am informed that the Ireland Strategic Investment Fund does not currently have any investments in residential properties (directly) or platforms which are long-term holders of assets of this nature.