Dáil Éireann Debate, Tuesday - 20 February 2024
220. Deputy Mairéad Farrell asked the Minister for Finance further to Parliamentary Question No. 104 of 7 February 2024, the return on investment and internal rate of return for each investment in each year of its existence, compared to the ISIF's annual benchmark, that is, the average cost of Irish Government debt, in tabular form; and if he will make a statement on the matter. [7815/24]
View answerThe NTMA have informed me that the Ireland Strategic Investment Fund (ISIF) is a commercial investor in a range of businesses, platforms and projects which support the delivery of new homes in Ireland. These investments are in private market commercial operations, typically featuring a significant quantum of third-party investment that deliver a range of housing tenures including Purpose-Built Student Accommodation. As such, it is not possible to provide the return on investment or internal rate of return for each of these investments by year as requested by the Deputy.
