The IDA has been forced to pay €9.4m to buy out a lease on an empty building that had been costing the State €1m a year. The Public Accounts Committee heard that the agency was locked into a lease which cost €1m a year despite the fact it was not being used.

A state body will pay €26.4m in rent up to 2034 on near-empty prime offices in Dublin for which it cannot find tenants.

MORE than 5,000 permanent jobs would be created if the 37-storey tower building proposed by property developer Sean Dunne gets the go-ahead, a Bord Pleanála oral hearing was told yesterday.

Developer Sean Dunne tonight unveiled ambitious plans for a 37-storey diamond shaped tower in Dublin 4.