If ownership data was freely available from the Land Registry / Registry of Deeds it might well have spin-off economic benefits. Compare this current article in Wired: wired.com/magazine/2011/03/s … free_data/
While I love the idea as an avid kid sim city freakazoid… they already give you the data to their corporate cronies.
You think you data is private?
I for one welcome concepts as this would further along the reality of humanity as self organizing creative organisim for a greater purpose but this line between private and public will have to blur 100% for it to have any great benefit.
There is a big difference between owning the freehold and the leasehold of a property…one only has to look at the Pembroke Estate, the Darley Estate etc.
Whilst these in theory may own the property (ie the freehold) this value may be negligible as the value is in the leasehold which in some cases could be a 999 year lease at a nominal rent of a few pounds!!
Charitable Status referred to the RCSI, not any associated consortia, thought that was obvious.
I thought I saw the college mentioned in the IT Commercial Property supplement not too long ago in relation to a transaction in the general Grafton St - area though I don’t recall if they were buying or selling
If they don’t own anything on Grafton St then I stand corrected, you have my humblest apologies; it’s hardly Jim Corr-esqe to mix up Stephen’s Green and Grafton St? Especially when dealing with non-core trophy buildings
I think it’s fair to say the RCSI has assessed a significant portfolio much of it at bubbly prices, which while not quite in the DDDA league now looks somewhat incongruous