Impact Developer & Contractor starts construction works on the first Boreal Plus apartments in Constanta

Impact Developer & Contractor, the only real estate developer in Romania listed on the Bucharest Stock Exchange, started the works on the first 3 blocks of Boreal Plus residential compound in the north of Constanta. The enterprise contract worth 9.5 million Euros was concluded with the construction company Premium Invest Concept.

The initiative of the company, to sell part (16,806 sq m) of the land allocated to the Boreal Plus project to the Kaufland retailer is a premiere on the local market. This is part of the new residential development strategy through which Impact facilitates residents’ access to retail services and leisure activities.

At the beginning of September, Boreal Plus received the construction permit, and this month Kaufland also obtained this permit, so that both projects can start the construction works. Consequently, Impact Developer & Contractor chose the company Premium Invest Concept to build the first stage of Boreal Plus – blocks of flats project in Constanta. The value of the contract is 9.5 million RON and provides for the construction works necessary for the turnkey delivery of the first stage of the ensemble.

The 3 blocks have a height regime of GF + 8F + technical floor and GF + 11F + technical floor and include 209 apartments, of which 58 studios, 110 of 2-room apartments and 41 of 3-room apartments.