The Oireachtas Banking Inquiry will conclude its context hearings tomorrow, Thursday, 2nd April when it will hear from John Moran, Jones Lange LaSalle and Marie Hunt, CBRE on Issues relating to the nature and functioning of the commercial real estate market in the period prior to 2008.<\/p>\n
Chairman Ciaran Lynch TD: \u201cTomorrow we will complete our Context Phase hearings when we will address issues relating to the nature and functioning of the commercial real estate market in the period prior to 2008 in the context of the Banking Crisis in Ireland. The Committee will hear from John Moran, an International Director of Jones Lang LaSalle and Managing Director of Jones Lang LaSalle Ireland, and Marie Hunt, Executive Director and Head of Research at commercial real estate services company CBRE.<\/p>\n
Specifically, the Committee will address a number of issues, including the size and nature of the real estate market in Ireland; in general terms, the clients and types of services provided by the two companies in the context of the commercial real estate market in Ireland; sources and extent of funding of the commercial real estate market in Ireland; the composition of investors in the Irish commercial real estate market; inter-relationships of international commercial real estate markets, including assets and investors; the nature and impacts of advisory services provided to participants in the commercial real estate market; and the understanding of risk among advisors and participants in commercial real estate markets in the period prior to the banking crisis.\u201d<\/p>\n
The schedule for the hearings in Committee Room 3 Leinster House is:<\/p>\n
Thursday 2nd April 2015<\/strong><\/em><\/p>\n Session 1: 9.30 am \u2013 11.30 am<\/strong><\/p>\n John Moran, Jones Lange LaSalle Session 2: 11.45 am \u2013 1.45 pm<\/strong><\/p>\n Marie Hunt, CBRE Nexus Phase hearings will start on Wednesday 22nd April and run until the middle of September with a total of 64 public hearings planned. It is envisaged that at least 50 witnesses will be called to the public hearings. During the Nexus Phase, the Committee will engage with institutions and individuals who had roles relating to the crisis. This phase will focus on three broad elements \u2014 Banking Systems & Practices; Regulatory and Supervisory Systems & Practices; and Crisis management systems and policy responses \u2014 and how these three elements interacted with each other.<\/p>\n Details of the confirmed dates, names and relevant institution for the Nexus Phase and further information on the Oireachtas Banking Inquiry proceedings can be accessed on this website.<\/p>\n Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.<\/p>\n All media enquiries in relation to the Oireachtas Banking Inquiry should be addressed to:<\/p>\n Ciaran Brennan, P: +3531 618 3903 All general enquiries should be directed to the Committee Secretariat. Committee Membership<\/strong><\/p>\n Deputies<\/em><\/p>\n Ciar\u00e1n Lynch (Chairman) Senators<\/em><\/p>\n Sean D Barrett The Oireachtas Banking Inquiry will conclude its context hearings tomorrow, Thursday, 2nd April when it will hear from John Moran, Jones Lange LaSalle and Marie Hunt, CBRE on Issues relating to the nature and functioning of the commercial real estate market in the period prior to 2008.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/4059"}],"collection":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/comments?post=4059"}],"version-history":[{"count":1,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/4059\/revisions"}],"predecessor-version":[{"id":4060,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/4059\/revisions\/4060"}],"wp:attachment":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/media?parent=4059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/categories?post=4059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/tags?post=4059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIssues relating to the nature and functioning of the commercial real estate market in the period prior to 2008<\/p>\n
\nIssues relating to the nature and functioning of the commercial real estate market in the period prior to 2008<\/p>\n
\nHouses of the Oireachtas,
\nCommunications Unit,
\nLeinster House,
\nDublin 2<\/p>\n
\nM: 086-0496518
\nF: +3531 618 4551<\/p>\n
\ne. contactbankinquiry@oireachtas.ie
\nt. +353 1 618 3651<\/p>\n
\nPearse Doherty
\nJoe Higgins
\nMichael McGrath
\nEoghan Murphy
\nKieran O\u2019Donnell
\nJohn Paul Phelan<\/p>\n
\nMichael D\u2019Arcy
\nMarc MacSharry
\nSusan O\u2019Keeffe<\/p>\n","protected":false},"excerpt":{"rendered":"