State hopes to get €15m for property

THE Government hopes to make up to €15 million from the first public property to go on the market in a sell-off of State assets.

After selling off a large number of disused State properties, the Government will then turn its attention to the under-utilised assets of county and city councils and health boards.

Junior Finance Minister Tom Parlon said yesterday the ongoing audit of the use of State assets will ultimately branch out beyond property owned by central government. “I would like to see local authorities, health boards and semi-States being incorporated into it. We have several State bodies that have substantial lands, that might also have a need for capital.”