Financial funds charge €56.7m in rent

Financial institutions tend to buy buildings with long leases that are let to financially-sound tenants, and the state is among the most favoured of tenants.

18th February, 2006

Financial institutions tend to buy buildings with long leases that are let to financially-sound tenants, and the state is among the most favoured of tenants.

The government is regarded as the most reliable tenant, because it will always pay its rent.

As a result, a number of pension funds and financial funds let their property to government departments through the Office of Public Works (OPW).

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago