The increase in revenues is due to the sale of more expensive residential units in the portfolio and the expansion of the activity of the companies in the group. In the first half of 2024, the value of real estate sales increased by 13% compared to the same period last year, from RON 53.7 million to RON 60.7 million.

The LUXURIA Residence compound, located in District 1 of the Capital, had the largest contribution to the revenues from real estate sales. Being 92% sold, it recorded a 23% increase in sales volume, respectively a 46% increase in sales value, compared to the same period last year. The most expensive units sold in this residential compound in the first half of the year were worth €432,000 and €575,000.

In BOREAL Plus, the residential compound located in the north of Constanta, sales remained constant, the best-selling units being the two-room apartments (60%).

In GREENFIELD Baneasa, the well-known neighborhood embraced by the forest, a new phase of the project, with 732 apartments, had the reception with the authorities in April and is in the process of being tabulated. Of these, the pre-sold homes are to be handed over to the owners starting this autumn.

As of June 30, 2024, IMPACT had 353 pre-sold and reserved homes, with a package value of RON 199 million. Of these, 332 units will be converted into sales during the year and will generate revenues of 190 million lei. Over 97% of these units are in the new phase of the GREENFIELD Baneasa compound.

The market value of the IMPACT group's net assets as of June 30, 2024, is RON 1.27 billion, and the debt ratio remained stable at 29%.

As of June 30, 2024, IMPACT had building permits for 2,693 units in Bucharest, Iasi and Constanta, with an estimated market value of RON 1.9 billion. Of these, 732 units in GREENFIELD Baneasa have already had the reception with the authorities in April.

With 33 years of experience on the market, Impact Developer & Contractor S.A. is the first real estate developer listed on the Bucharest Stock Exchange. The shares of Impact Developer & Contractor S.A. ("IMP") are listed on the Premium category of the Bucharest Stock Exchange. The company uses best practices in corporate governance, transparency, accountability and communication with investors, obtaining a rating of 10 in the VEKTOR assessment conducted by the Romanian Investor Relations Association.