Meta Estate Trust, a holding company active in the real estate sector, has completed the purchase of five apartments and three parking spaces in the Parcului 20 by Cordia residential complex. The apartments were pre-contracted in August 2021 and the total value of the investment amounted to approximately EUR 435,000.
The purchase was carried out with bank credit and own funds as follows: EUR 256,500 through a loan from Libra Internet Bank, and the difference was covered from own funds.
“The investment made is part of the strategy for the early stage business direction which involves the acquisition of housing in residential projects in the early stages of construction, with exit before or upon completion. Our objective is to sell the apartments and parking spaces in the coming months,” the company notes in the report.
