ARTICLES LABELLED WITH TAG One United Properties

Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year. 

Romanian developer One United Properties has started the construction of One Technology District, which will host the largest R&D centre of Infineon Technologies in Southeast Europe.

Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026. 

Romanian developer One United Properties has announced the contracting of a €20 million increase in the financing obtained in 2021 for the development of One Cotroceni Park Office Phases 1 and Phase 2. The financing increase was backed by BCR and BRD and will be used to reimburse shareholder loans and cover other costs related to the credit facility increase transaction. 

Romanian developer One United Properties has secured a €47 million loan from Banca Transilvania.

Romanian commercial and residential developer One United Properties has announced that its two Co-CEOs Victor Căpitanu and Andrei Diaconescu have made a combined share purchase in the company.

Shareholders of Romanian developer One United Properties have approved the increase of the company’s share capital by €70 million in a move expected to start in August and conclude by October.

Romanian developer One United Properties recorded a profit growth of 3% to €31.6 million in Q1 2024 versus the same period of last year, while its turnover fell by 5% to €84.3 million in the same interval.

Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.

Romanian developer One United Properties said its residential sales and pre-sales volumes totaled €57.1 million in Q1 2024, down by around 10% year-on-year.