BUCHAREST (Romania), December 20 (SeeNews) - Romanian real estate company Impact Developer & Contractor [BSE:IMP] said on Friday that it signed on December 19 a deal to sell a 16,806 sq.m. property in Constanta to Kaufland Romania for 3.2 million euro ($3.6 million).
Impact Developer & Contractor received 60% of the price upon signing the agreement and will get the remaining 40% by February 1, 2021, conditional upon obtaining the necessary building permits, the company said in a bourse filing.
As at 8:20 CET on Friday, Impact Developer & Contractor shares had not yet traded on the Bucharest Stock Exchange. The shares closed 2.6% lower at 1.5 lei on Thursday.
($ = 0.8990 euro)