The developer took a RON8.6 million loan with four-years maturity to build three apartment buildings and a parking lot in its Greenfield Project. The company will make successive withdrawals depending on the evolution of construction.
The second loan, of RON4.7 million, has 15-years maturity and will be used to build an office building and a commercial center in the Greenfield Project.
Impact Developer has a stock market cap of RON842 million and its shares closed up 0.6% on the day Monday. Impact shares grew 69% since the beginning of the year, with deals amounting to RON24 million.