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 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).