The future residential project will feature more than 1,000 apartments.

Impact SA was set up in 1991 and it is listed on the Bucharest Stock Exchange. It has developed 16 residential  projects in four cities over the years. One such residential project is Greenfield in Baneasa where this June the company started works on a second development phase which will consist of 4,600 apartments and a community center. About 1,000 of these housing units will be delivered this year, according to the company.

Law firm Tuca, Zbarcea & Asociatii offered legal assistance for the land transaction. (Source: business-review.eu)