Cautious Year-end Report 2022
Munich-Grünwald - After the highly positive developments in previous years, the real estate crisis in 2022 has left its mark on us. Increases in interest rates, rising construction costs, and economic uncertainty were significant factors. As a result, we were unable to match the excellent performance and results of the previous year. However, we remain confident in our focus on high-quality renovations of villas and single-family homes. For the current year, 2023, we have already achieved significant improvements compared to the previous year and look forward with optimism to the further course of business.
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Completion of Residence No. 34
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