Central government real estate: risk of loss of savings

Real estate in the public sector: accommodated by the Central Government Real Estate Agency

It is uncertain when the government will actually make savings on its real estate. There is a risk that the savings will not be achieved on time. Costs must always be incurred before the benefits can be enjoyed. The costs are not properly understood. Furthermore, the government wants its real estate to contribute to social goals – such as the preservation of jobs and of the cultural heritage – as well as to financial goals. The pursuit of both financial and social goals, however, is a source of friction. Transparency is therefore vital.

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