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.
The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 square meters.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
Romania's No. 1 property developer lists first asset on the real estate tokenization platform, with two more underway in the following 12 months.
The merger of the two companies contributes to strengthening BT Leasing's market position, as it reaches 35,000 customers.
The acquisition includes two manufacturing facilities located in the US and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations.
KoçZer, Türkiye's leading procurement and sourcing management company, officially announced its entry into the European market with the establishment of its subsidiary in Romania.
In December 2023, Vastint Romania became the first private company to join the Digi24 national campaign "Avem același sânge”.
The 2024 report highlights Schneider Electric's platforms' key strengths as “its versatility and extensibility, security, pricing engine, and data reporting”.