Impact delivers apartments in northern Bucharest

28
Sep
2022
News - Impact delivers apartments in northern Bucharest #Bucharest #BVB #Greenfield Băneasa #Impact Developer & Contractor #residential #Romania

by Property Forum | Residential

Romanian property company Impact Developer & Contractor has completed a new phase in its Greenfield Băneasa project in northern Bucharest. The recently delivered phase has a market value of more than €16 million.


The total number of residential units completed in the Bucharest-based project to date has reached 2,650 apartments.

The 97 apartments are located in two buildings and 97% have already been sold.

Greenfield Băneasa is one of the biggest residential projects under development in Romania and will reach 6,000 housing units upon its planned completion in 2028, when its population should reach 15,000 inhabits. The investment was started in 2007.

Shares in Impact were down 2.44% to 0.40 lei on Wednesday closing trading session on the Bucharest Stock Exchange (BVB).




Latest news


New leases

  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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