Dáil Éireann Debate, Wednesday - 10 December 2025
178. Deputy Ken O'Flynn asked the Minister for Enterprise, Tourism and Employment the volume and sectoral profile of commercial property acquisitions by overseas investment groups in the past five years; the assessment his Department has carried out of the impact of such acquisitions on local enterprise, competition, and community ownership; and whether policy measures are being examined to safeguard Irish business continuity in regional towns. [70739/25]
Amharc ar fhreagraIDA Ireland's strategic remit, as an agency of my Department, is to attract and retain sustainable global foreign direct investment partnerships in delivering economic opportunity. As part of this remit, IDA Ireland holds a strategic property portfolio with the aim of delivering appropriate, innovative, and cost-effective property and infrastructure solutions that meet the needs of multinational companies at the forefront of the modern economy. IDA Ireland can dispose of properties it holds in accordance with its statutory powers under the Industrial Development Acts, to FDI clients and indigenous client companies supported by Enterprise Ireland. There have been no sales of IDA owned properties to overseas investment groups in the past five years. IDA Ireland has not carried out any assessments on the impacts of such sales.
