The area of physical assets of the state is among the most extensive in value; therefore, the regulation of the area of management and disposal of these assets is complex. When dealing with physical assets, the state must act rationally and transparently and thus pursue the public interest. In the area of regulation, the state pays special attention to the real estate, since it is economically most important. Due to unsystematicity and many deficiencies, the original arrangement led to problems in practice, which were reflected in particular in the non-transparency of management, the inflexibility of many managers for market changes, the length of procedures and administrative complexity. The problem of highly decentralised management, the result of which was the non-uniformity and non-transparency of the conduct of a large number of managers, in practice prevented a coordinated, effective and optimal economic real estate policy. All the above led to the need to establish a legal entity governed by public law - the Public Real Estate Fund which should uniformly and rationally manage the real estate assets of the state. The reasons for the failure to establish a centralised system for managing the real estate assets of the state can be found in the fact that the establishment of the system was an extremely demanding organisational and logistical project set up in the time of the economic crisis. At that time, government activities were cost-saving and the extent of unregulated real estate assets was uncertain and much more extensive than was originally thought.
|
