The building on North Wall Quay in Dublin which was to be Anglo's new headquarters

Anglo Irish Bank planned to pay developer Liam Carroll €101m in rent over the lifetime of the lease of a new headquarters building. A note in the bank's annual report last week shows that in February "the bank issued a notice to terminate an existing agreement for a lease regarding a premises on North Wall Quay, Dublin. The impact on future minimum lease rentals is a reduction of €101m."

Carroll's North Quay Investments, which was developing the building, is now in receivership following moves by AIB and Anglo Irish Bank. The company has been waiting for 14 months to discover from An Bord Pleanála if construction of the office block can be completed. The High Court previously ruled that the planning permission for the building should not have been granted and rival developer Sean Dunne wants it torn down.

Last week An Bord Pleanála wrote to those involved in the case saying that while the issue of car parking had been addressed, the formation of a new route from Castleforbes Road to New Wapping Street had not been resolved and neither had the issue of allowing "vehicular access" to lands owned by Dunne there. The board makes clear that the development of the office block, originally earmarked for Anglo, "should be along the lines set out" in the local development plan and that "it is essential" that the route issue be fully resolved and that access to Dunne's land should "be facilitated".

Last week, Dublin City Council ruled that a plan by Carroll, using a company called JP Ryan, for a massive development on a 5.5-acre site on East Road in Dublin's north docks close to the Anglo headquarters, had been withdrawn.

Carroll has sought permission to build nearly 50,000sq m of offices, 73 residential units, nine shops, a café, medical centre, gym and crèche on the site.