Aengus Ó Snodaigh
Ceist:222 Aengus Ó Snodaigh asked the Minister for Defence the names of the beneficial owners of a company (details supplied) to whom Clancy Barracks at Islandbridge, Dublin, has been sold. [4810/03]
Written Answers. - Defence Forces Property.
As I stated previously in reply to Questions Nos. 155, 156 and 157 on 12 November 2002, my Department has accepted an offer from Florence Properties Limited for the sale of Clancy Barracks, Dublin. The Department is in the process of effecting first registration on the title to this property in the Land Registry and the contract of sale is expected to be finalised shortly.
Florence Properties issued a press release in November last indicating that it had agreed to purchase the property in question. The press release said that "Florence Properties (Ireland) is a wholly owned subsidiary of Florence Properties (Jersey) which is owned by a trust company, the beneficiaries of which are the family of Irish-born property developer David Kennedy".