74. Deputy Sean Fleming asked the Minister for Public Expenditure and Reform the details of the land that was sold at Navan Road Cabra for €1,702,800.73, the proceeds of which were received by the State recently, the use to which these proceeds will be applied and what was the former use of these lands; and if he will make a statement on the matter. [18152/14]

The Commissioners of Public Works sold 0.69 acres of a site on the Navan Road to Tesco Ireland Ltd. for €1,702,800.73 inclusive of VAT.

This site was part of the Department of Social Protection local office and was surplus to their requirements.

The proceeds from the sale of the site were paid over in full as an Extra Exchequer Receipt to the Department of Public Expenditure and Reform. As agreed with the Department 50% of proceeds will be retained by the Exchequer and 50% will be provided to the 2015 OPW capital programme.