Impact completes €150 million resi complex in Bucharest

12
Jan
2022
News - Impact completes €150 million resi complex in Bucharest #Bucharest #Impact Developer & Contractor #Luxuria Residence #residential #Romania

by Property Forum | Residential

Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million. 


The company has sold half of the 630 apartments in the project. The complex features close to 10,000 sqm of green spaces and facilities alongside more than 700 parking spots. 

”We are very happy to shape a new and growing community in the Expozitiei area. The last two buildings of the ensemble, for which we made the reception with the authorities at the end of the last year, perfectly complete the harmonious setting we designed for the residents, adding playgrounds for children, both outside and inside," said Constantin Sebeşanu, CEO Impact Developer & Contractor. 

The company has ongoing residential developments in Bucharest, Constanța and Iași.  

Impact shares were up 1.45% to 0.70 lei on Wednesday trading on the Bucharest Stock Exchange (BVB).




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  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

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  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
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