Alto Investments achieved a net consolidated profit of 14.4 million euros

According to the audited consolidated results, Alto Investments closed the year 2022 with a net profit after tax of 14.4 million euros. Last year, Alto Investments invested significantly in the development of its projects, while investments in real estate represented EUR 397.5 million. "The market found itself in a difficult period, but we managed to successfully diversify the investment portfolio for the sale of apartments and the rental of offices, at the same time we are preparing a platform of modern suburban warehouses for rent. This creates a good basis for us for sustainable and stable real estate projects with a strict emphasis on quality, on the construction and operation of which we focus for a long time. Thanks to the projects we are currently implementing, as well as the projects being prepared, we expect further growth in the value of the company in the years to come," said Rastislav Valovič, CEO of Alto Group.