One United Properties partners up with Raiffeisen Bank International
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate, enters an agreement with Raiffeisen Bank International for the provision of capital markets-related services.
Under the partnership agreement, Raiffeisen Bank International AG will deliver market making services for ONE shares, as well as will provide research coverage on ONE stock. Moreover, Raiffeisen Bank International‘s affiliate Raiffeisen Centrobank AG will also launch four structured products – two turbo certificates and two warrants with ONE shares acting as underlying.
“We are thrilled to begin our collaboration with Raiffeisen Bank International and consequently expand our reach towards Austrian institutional investors. Since our debut on the Bucharest Stock Exchange, we have paid a lot of attention to ensuring that One United Properties is a company on the radar of global investors. As a result, we are currently one of the most covered Romanian stocks, benefitting from research coverage from six analysts, including an analyst from Raiffeisen Bank International. At the same time, we continue to focus on ensuring high liquidity that can support entry of significant investors into our shareholding as well as launching new products which can attract more savvy investors, such as turbo certificates and warrants,” said Victor Capitanu, co-CEO of One United Properties.
Under the agreement concluded between the two entities, Raiffeisen Bank International will provide market making services for ONE shares. The minimum volume corresponding to the firm bid-ask quotes provided by Raiffeisen Bank International will be 100,000 shares, with the maximum spread between the bid and ask being 1.75%. Raiffeisen will deliver the market making services during a minimum of 70% of a trading session. The market making services will be launched in the first week of 2022. Raiffeisen Bank International is the second market marker for One United Properties, the company already benefitting from these services delivered by Romanian brokerage house BRK Financial Group.
In parallel, Raiffeisen Bank International will initiate research coverage on ONE shares, which will be distributed to the Bank’s vast investor database. One United Properties is currently amongst the most covered Romanian stocks, benefitting from the coverage of six local and international research analysts.
One United Properties is the third-largest entrepreneurial company listed on the Main Market of the Bucharest Stock Exchange, as well as the largest real estate developer listed on the local capital market. The company’s shares floated on BVB on July 12th, 2021, following a successful IPO, during which the company raised 260 million lei for further developments in both the residential and office segments. As of September 20th, 2021, ONE shares are included in the BET index, which follows the evolution of the 19 most liquid companies listed on the Bucharest Stock Exchange and as of December 20th, 2021, in the FTSE Russell index for Emerging Markets, FTSE Global All Cap.
ONE UNITED PROPERTIES is the leading green developer of residential, mixed-use and office real estate. One United Properties is an innovative company dedicated to accelerating the adoption of construction practices for energy-efficient, sustainable, and healthy buildings. All the company’s buildings have superior certifications for sustainability, energy efficiency and wellness, and the developer has been awarded at numerous galas and conferences in the field. One United Properties is the first real estate developer in Romania to be internationally awarded, being the recipient of the “Best Sustainable Residential Development” in the world at International Property Awards 2019-2020. The company is listed on the Main Market of the Bucharest Stock Exchange, with the symbol ONE.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.