Impact Developer & Contractor sells 275 homes in 2022

01
Mar
2023
News - Impact Developer & Contractor sells 275 homes in 2022 #Bucharest #BVB #Impact Developer & Contractor #residential #Romania

by Property Forum | Residential

Romanian developer Impact Developer & Contractor said it sold 275 residential units during 2022, which had a combined value of 210 million lei (€‎42.6 million). In the same year, the company recorded pre-sales for another 450 homes with a combined value of 236 million lei (around €‎48 million), according to a statement submitted to the Bucharest Stock Exchange (BVB). 


The value of assets adjusted on EPRA standards reached 1.7 billion lei (€‎345 million). The developer added that the value of apartments in had in stock at the end of 2022 totaled 300 million lei (€61 million). On top of this there are apartments under development that are valued at 466 million lei (€‎94.6 million). 

Shares in Impact were up 0.27% to 0.37 lei on Wednesday morning trading on the BVB. The company has ongoing residential investments in Bucharest, Constanța and Iași. 




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  • 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.
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