Unlike its sister company KAM DOO, KAM IMOBILIEN seems to be less frequently heard of, but it is very important for the development of the Macedonian economy and makes a significant contribution . on the real estate market in our country .

The company as a legal entity has existed since 1994, and its main activity is the creation, investment in construction, and management and leasing of the group's real estate.

After achieving a significant jump in pre-tax profit of 215.93% in 2021 , which placed it in 60th place on the ranking of the most successful Macedonian companies , in the last two years it is notable that the company continues to achieve growth and profit, albeit with less intensity.

KAM REAL ESTATE has been involved in the construction of several commercial buildings in the last few years, which has proven to be the right step at a time when the inflation rate in our country is rising and no price reduction is expected.

Investments in business space, rather than residential space

In the last few years, there has been increasing talk about the huge increase and rise in the prices of residential buildings in Skopje, and in the country as well, which is due, above all , to increased demand.

On the other hand, when it comes to business space, it seems that citizens tend to rent rather than buy facilities more often.

But although the lack of demand does not significantly increase the selling price of business premises, the price of rent, under the influence of inflation, is growing significantly.

It is clear that inflation can have a negative impact when it comes to residential construction, due to the increase in operating costs, while negotiated sales prices remain the same, but investors in commercial space can benefit.

By constructing commercial buildings, KAM REAL ESTATE has taken the right step during this period to combat the problems that arise due to increased prices.

Investing in commercial and business buildings, theoretically, can provide the potential for increasing the value of the property in the future and of course for increasing rental income.

Building shopping malls in cities where they are most needed

Although it seems that a large number of shopping and commercial centers have been built in Skopje in the last few decades, the situation in other cities in the country is completely different.

KAM IMOBILIEN has been working hard to change this image in North Macedonia in the last few years.

KAM REAL ESTATE plays a key role in the construction of new facilities where new KAM stores are opened, but in parallel it invests in the construction of malls and shopping centers where it offers commercial space for lease.

Two such projects stand out: the construction of KAM Mall in the Skopje municipality of Gjorce Petrov and in Bitola, as shopping centers that combine modern architecture and attractive content that is adapted to the needs of the modern lifestyle.

The shopping centers, in addition to being a combination of modern architecture and attractive contents adapted to the needs of the modern lifestyle, also have an offer for rent of over 65,000m2 of administrative and office capacities with modern conditions and secured private parking space in the best locations in Skopje and other cities in Nort Macedonia.

KAM IMOBILIEN's commercial and administrative centers are located in several cities in North Macedonia: two commercial centers in Skopje, two in Bitola, an entertainment and recreational center in Ohrid and retail parks in Kumanovo, Kocani, Negotino and Prilep.

Additionally, future projects in other cities across North Macedonia are announced: TC Village Vanja Kamchev - Ohrid, TC Kavadarci, TC Prilep, KAM Gevgelija, TC Radoviš.

Quality service – key to positive financial results

KAM REAL ESTATE is recognized for the construction of highly energy-efficient buildings, built by observing and applying the highest standards in construction.

In doing so, the company creates a modern space to satisfy consumers and visitors, creating synergy between the leading and favorite retail chain in North Macedonia, KAM Markets, and other renowned and domestic international brands from various fields, such as fashion, health and beauty, sports, catering, etc.

The financial results for 2023, however, show that the decision to invest in commercial space was the right one.

Thus, KAM IMOBILIEN ended 2023 with a total revenue of 279,430,718 denars and an increase in profit before tax of 116,473,936 denars .

In percentage terms, the growth in profit before tax , compared to the previous year, is 0.06 % .

In 2023, the company rose to a high 183rd place on the ranking of the most successful companies in North Macedonia, recording a jump of only one position compared to the previous year when it was in 184th place.

The company's position in 2021 was particularly significant, when the company achieved a pre-tax profit growth of 215.93 % , which placed it in 60th place on the ranking list of the most successful Macedonian companies.