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 Post subject: Re: Hibernia REIT buys the Garda Headquarters
PostPosted: Mon Feb 27, 2017 12:58 am 
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Of Systemic Importance

Joined: Dec 28, 2006
Posts: 5579
http://cf.broadsheet.ie/wp-content/uplo ... ner-17.jpg

8.2 million a year for 900 employees. Thats 9111 euro per seat per year.

What would the commercial landlords of Dublin do without Governmental support.


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 Post subject: Re: Hibernia REIT buys the Garda Headquarters
PostPosted: Mon Feb 27, 2017 10:06 am 
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Too Big to Fail

Joined: Jun 26, 2012
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Location: The Second Æther! Hull Breach Imminent, Eschaton Immanent...
dipole wrote:
http://cf.broadsheet.ie/wp-content/uploads/2017/02/examiner-17.jpg

8.2 million a year for 900 employees. Thats 9111 euro per seat per year.

What would the commercial landlords of Dublin do without Governmental support.

Don't forget the poor beef barons
http://www.irishtimes.com/business/comm ... -1.2344666

Larry Goodman behind that one AFAIK


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 Post subject: Re: Hibernia REIT buys the Garda Headquarters
PostPosted: Mon Feb 27, 2017 12:23 pm 
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Of Systemic Importance

Joined: Dec 28, 2006
Posts: 5579
This annoys me as the building I'm in has over 900 seats and could be built for less than a year's rent and I know the elevators were installed in 2002 so it has been rent free for the last 15 years.
It is a standard design which is replicated across our campuses and it works well.

Someone made an "ideological" decision or one that could be argued to be "ideological" that it is better to rent than buy in state so the "Entrepreneurs" of Irish society just hold properties and charge huge rents.
They have an intravenous drip directly from the tax take of the country. In Ireland it isn't a case of building a better mouse trap to become a millionaire it is a case of getting connected so that you can receive a generous stipend in perpetuity from one arm of Government or another.

Someone close to me works in an IT job in a Hospital. They have their own office. They have no need for their own office. While this person is diligent he isn't exceptional in having an office and very little gets done by others enjoying the same privilege.

If it were me I'd be happier to get an additional 9111 euro in my pay packet. That 9111 euro would get taxed extortionately everytime I opened my wallet and it would cycle around the economy. Who thinks corporate landlords haven't arranged their tax affairs in the most tax efficient manner possible.


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 Post subject: Re: Hibernia REIT buys the Garda Headquarters
PostPosted: Mon Feb 27, 2017 3:36 pm 
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Private Tenant

Joined: Jun 13, 2014
Posts: 30
I talked to a guy that works in Dept of Health in the IT Dept- this delay is due to the unions supporting the staff's demands that they should not have to move to another building if they don't get the same conditions they are in now (it if you have an office to yourself in Hawkins house you have to get the same in the new building).

And separate to this they are ALL getting a relocation allowance for the move to Dublin 4- despite the fact that it will be a closer commute for more than half the staff.

It beggars belief.


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