Gergely Arató told an online press conference that it was “outrageous that at a time of a housing crisis, the government is spending on its own housing rather than that of young people and families.”

That sum would have been enough to build 15,000 apartments, he said.

Citing experts, Arató insisted the offices were overpriced “by at least 40%”.

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Commenting on claims that the state had bought three office buildings at excessive prices, Gergely Gulyás, the head of the Prime Minister’s Office, said it was the best solution to stop paying annual rent and instead move the state’s institutions to properties of its own. 

He added that an annual 60 billion forints was paid for rent, and by buying the buildings, this investment would return in 9-10 years. 

He also said that they were extremely energy efficient buildings that are suitable for special government demands. He added that he did not consider the purchase “a bad deal”.

Photo courtesy: Dürer Parks

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