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Residential Market News

The GTC Group reports rental income of € 124 million in the first nine months of 2021

GTC, one of the largest real estate developers in Central and Eastern Europe, reported revenues from leases of 124 million euros in the first nine months of 2021, up from 122 million euros in the same period last year. The gross margin from the rental activity is also on an upward curve, reaching 93 million euros, compared to 91 million euros, as recorded in the first three quarters of 2020.

One United Properties posts record turnover of 627.7 million lei in the first nine months of 2021

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, posts a record turnover of 627.7 million lei in the first nine months of 2021, an 87% increase compared to the same period of 2020. After closing Q3 2021, the best quarter in the company’s history, the gross profit for nine months surged to 239.3 million lei, a 186% year-on-year increase.

360 ° Investments – The drone designed, built and certified by the SSG Security team

We present, for the first time, one of the solutions developed internally by the Romanian security and protection company SSG Security, in support of the field teams.

One United Properties announces it maintains the existing, single-class share structure

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, listed on the Bucharest Stock Exchange, announces that it will maintain the existing, single-class share structure, which confers one voting right per each share held.

Novum Business Invest buys land for new residential development

Novum Business Invest will develop a new residential project in Bucharest with over 500 units, near Carol Park. The total area of the land is 15.100 sqm and the transaction was closed with Crosspoint Real Estate as sole advisor.

Ro Naturstein is asking 20 million euros for two construction plots in the northern part of Bucharest

Ro Naturstein, which owns about 50 properties in Bucharest, has put up for sale for about 20 million euros two plots of land in the Expoziției/Poligrafiei area, intended for large-scale mixed projects, according to profit.ro.

NEPI Rockcastle Starts The Construction Of Vulcan Residence

NEPI Residential, the new residential division of the NEPI Rockcastle group, the main investor and developer of shopping centers in Central and Eastern Europe, announces receiving the construction permit and the start of works at Vulcan Residence, the newest apartments complex in 13 Septembrie area, Bucharest.

Campeador contracts a financing of EUR 4.5 million from CEC Bank for a mixed-use project in Timisoara

Campeador City will reunite in total eight blocks of flats with one, two and three rooms, and an office building, which will also include commercial spaces and a kindergarten. The project will be developed in four stages.

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