State prepares list of excess properties for potential sale

The Czech government is preparing the sell off of dozens of excess buildings held by various institutions and authorities. Around 20 state institutions have been told to submit their lists of non-required property by September. Around 600 properties are believed to fall into the category with earnings from their sale estimated at around 2 billion crowns. One of the first properties likely to be sold is a former seminary at Vidnava near the Polish border. It was initially earmarked for use by the prisons service but development plans were eventually shelved.

Author: Chris Johnstone