With 321 forests located across the country, our land is suitable and available for national and local infrastructure projects.
The spread of our properties make us the perfect sites for a range of fundamental services, dealing with all Councils and commercial businesses.
An area where we have particular experience is telecoms, we are fully supportive of Government Policy in improving the roll out of broadband and fibre telecommunication schemes to rural Ireland, and to increase broadband capacity for local people, businesses and schools. Coillte’s large land bank is seen as crucial to enable this national roll out such that communities with poor internet access can enjoy modern broadband delivery.
In August 2015, Coillte sold its telecoms infrastructure business to InfraVia for €70m.
The business originated 20 years ago from customer led requests for leased sites to support the roll-out of mobile telephony infrastructure. By the time it was sold, the portfolio consisted of 298 telecommunication masts and equipment locations across Coillte’s estate, including 104 sites the company had built as part of the National Broadband Scheme.
The successful sale was an outstanding example of value which can be created from an innovative and strategic approach to managing the estate.
Due to its location situated within a Strategic Development Corridor IDA/Apple acquired a 198ha forested site at Derrydonnell property, Athenry, Galway for the development of a Data centre.