Real-estate developer Impact posts net profit of 20.7 million RON in 2018

Impact Developer & Contractor ended the year 2018 with an operating income of RON 101.8 million from the sale of apartments, parking lots, land and houses. Of the total number of dwellings traded, the bulk (228 apartments) was sold at Greenfield Baneasa.

The net profit was 20.7 million RON, down 60 percent compared to 2017, and most of it was made in the last quarter of the year.

Impact is currently underway two large residential projects in the north of the capital, Greenfield Baneasa and Luxuria Domenii Residence. These two projects have a total market value of approximately one billion Euro and will reach a total over 7,000 homes by 2028.