Which developers dominate the market? See the ranking of the biggest players

Among the established names are some newcomers.

New residential and office projects change the skyline of Bratislava.New residential and office projects change the skyline of Bratislava. (Source: TASR)

The property development market almost came to a standstill in 2023. Developers experienced challenging months, marked by rising interest rates and inflation, as well as hesitant buyers.

How have the past months affected the position of individual developers? This question is answered by the ranking of the largest residential developers compiled by The Slovak Spectator, as part of its Largest in Business project.

This ranking is based on data provided by the developers. The main criteria for compiling the ranking were the area of projects under construction (at the end of 2023), the area of completed residential projects and the number of flats sold in the past year. In this case, however, we have reduced the ranking percentages compared to last year as sales have dropped significantly.

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The formula also included figures for projects approved between 2021 and 2022, and the area of planned projects for which the EIA process has already started.

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