Meta Estate Trust restructures its investments in projects developed by Impact

Meta Estate Trust has restructured its portfolio from the early stage business line by optimizing investments in residential real estate projects developed by Impact Developer & Contractor.

Meta renounced the sale and purchase contracted in August 2021 for the Greenfield Copou Residence project, for which an advance of eur 127,144 (VAT included) was paid and for the Boreal Constanța project, for which an advance of eur 85,806 (VAT included) was paid. The resulting receivable will offset part of the price the company has to pay for the sales-purchase promises contracted in August 2021 for the Greenfield Băneasa project for five apartments and five parking spaces.

Meta Estate Trust is a holding company, active in the real estate sector, founded in March 2021 by a group of Romanian entrepreneurs with experience in real estate and the capital market.

Source: economica.net