The company is set to expand and develop in the next 6 years housing projects Greenfield Baneasa, Boreal Plus, Greenfield Copou, Luxuria City Center and Greenfield West on the 73.5 hectares of land it owns in Bucharest, Constanta and Iasi.
By yearend, Impact is poised to boost the number of units under development to 2,500, thus building the bases for the implementation of its six-year development strategy.
The developer in the first nine months of 2021 revenue of RON110 million from the sale of real estate properties, down 19% from the same period of 2020, while net profit shrank by 43% to RON7.5 million.
The company’s shares have increased by 129% since the start of 2021, in the wake of RON65.7 million deals, with the company’s capitalization hitting RON1.1 billion.
(English version by Catalina Apostoiu)