Buda Health Center building for sale
The Hungarian state is offering the hospital building at Királyhágó utca in District 12 for sale, at an initial price of HUF 4 billion, index.hu reported on Wednesday.
The Buda Health Center building (photo: Gábor Jeszenszky)
The building complex is home to one of the three clinics of the private Buda Health Center (Budai Egészségközpont), owned by billionaire businessman and OTP Bank Group Chairman-CEO Sándor Csányi.
The auction started on Tuesday; the real estate was up to now managed by the Ministry of Defense, with Buda Health Center leasing it for HUF 1.5 million a month. One potential buyer is Csányi, who has owned the health center operating there since 2017.
The private hospital generated HUF 7.4 bln in revenue and made a profit of HUF 428 mln last year, index.hu noted.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.