Versiunea completă
ZF English

Impact to launch mortgage fund

Contractor and developer Impact Bucharest is planning to start a mortgage fund this year, in a bid to find one more source of financing for the company's development programme. The programme has a ten-year life span and aims to see 5,000 houses built

Ziarul Financiar · 14 ianuarie 2003 · 1 min de citit

Contractor and developer Impact Bucharest is planning to start a mortgage fund this year, in a bid to find one more source of financing for the company’s development programme. The programme has a ten-year life span and aims to see 5,000 houses built. Necessary financing amounts to 200 million dollars. The fund’s shareholders will be the future mortgage beneficiaries. “This is a much cheaper option than banking loans or even the participation of mortgage companies,” Impact officials say. ZF



Citește și