Lands bought by the Penta Real Estate group. (source: Penta Real Estate)
In real estate terms, 2022 can be seen as a turning point year as market conditions changed significantly. Inflation, rising interest rates on mortgages, and fears about further developments, have contributed to a slump in interest in new housing. But has power among developers also shifted?
Our ranking of the largest residential developers answers these questions. It was compiled by The Slovak Spectator as part of The Largest in Business series of rankings.
