One United Properties has finalised the acquisition of a 21-hectare plot of land in Bucharest's District 5 from CPI Romania for €21 million.
One United Properties and Tomcat Hospitality have teamed to launch Marketta Food Hall, which is set to become the biggest food hall in Eastern Europe.
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
he financing includes a loan to be used for the construction of the development in the amount of €28.5 million.
Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.
Properties marketed by One United Properties are recognized for their sustainability and strategic positioning, providing stable returns in a dynamic market environment.
The average sales price per square meters in 9M 2024 remained stable compared to 2023, reflecting the integration of units from One Lake District Phase 2 into the sales portfolio.
At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.
With a catalog of more than seventy venues, the Paris Society group, part of the Ennismore Group, is a key player in the French hospitality sector.
The historic skylight that will cover the first floor offers a diversity of unusual spaces, from very bright offices to cultural and leisure areas.
The consolidation will involve offering 1 new ONE share for every 50 existing shares, impacting the number of shares and the nominal value of One United Properties' shares.
Revenue from the residential segment reached €105.4 million, a 14% YoY decrease. However, net income from residential properties increased by 6% YoY to €38.3 million.
The first stage of the share capital increase will start on August 19th and will last for 32 calendar days, until September 19th.
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.
The purpose of the increase for One Cotroceni Park Office Phase 1 and Phase 2 is to reimburse shareholder loans and cover other costs.
One United Properties advanced in 2023 social policies, registering a nearly 35% increase in average employee remuneration.
he lease agreement is signed with Tomcat Hospitality to operate a modern food market concept within One Gallery.
This financing will be used to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Teilor Holding, encompassing the luxury jewelry chain Teilor, Teilor Invest Exchange, and Invest Intermed GF IFN, has announced the listing of two new bond issues on the Bucharest Stock Exchange (BVB).
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.