Impact plans to use the EUR5.92 million loan to build blocks Z1, Z2 and D6 located in Greenfield Baneasa District, by successive withdrawals depending on the evolution of the constructions. The date of the final maturity on this loan is 30 months.
The RON4.5 million loan will be used to finance the VAT for hard and soft costs related to the construction of blocks Z1, Z2 and D6 in Greenfield. The lending facility is granted for a period of 24 months.
Greenfield Baneasa is a residential project developed on a large scale, on 60 hectares of land. Construction started in 2007 and is set to continue until 2028. Currently, the district has three finalized phases and a contracting level of 98.7%, company representatives said.