The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved several key resolutions during the General Meeting of Shareholders held on October 10th, 2024. These include approving the audited financial statements for the first six months of 2024, the payment of the first tranche of the 2024 dividend, the consolidation of the company’s shares, a new share buyback program, and the ratification of various credit facilities for ongoing developments. The quorum in both of the meeting was over 79%.
One United Properties (BVB: ONE), Romania's leading green developer of residential, mixed-use, and office real estate, announces that its Board of Directors has approved a proposal to consolidate the number of the company's shares. The consolidation will be carried out at a ratio of 50 shares to 1. This proposal, aimed at reducing the number of shares, decreasing share price volatility, and contributing to long-term shareholder value, will be voted on by the company's shareholders at the upcoming General Meeting of Shareholders, to be held on October 10th, 2024.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a 10% increase in the profitability of the company’s key segments, which comprise the net income from residential properties and net rental income, while consolidated revenues reached EUR 140.6 million in the first half of 2024. Gross profit stood at EUR 53.2 million, while net profit reached EUR 46 million.
One United Properties (BVB: ONE), the leading green developer and investor in residential, mixed-use, and office real estate in Romania, publishes its fourth voluntary Sustainability Report for 2023. The report highlights the Company's progress in key sustainability areas and covers vast environmental, social, and governance aspects.
The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved, during the General Meeting of Shareholders held on May 28th, 2024, the share capital increase operation with cash contributions that will raise 70 million euros to finance the Company's next growth phase. The GMS quorum was over 80%.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, posts a consolidated turnover of 84.3 million euros for Q1 2024, a 5% decrease compared to Q1 2023. The gross profit reached 37 million euros, a 2% year-over-year increase, while the net profit amounted to 31.6 million euros, a 3% growth compared to Q1 2023.
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, held, on April 25th, 2024, the General Meeting of Shareholders (GMS). During the GMS, the shareholders approved, among other items, the distribution of the second tranche of the dividends from 2023 profits, the 2024 budget, and elected members of the Board of Directors. The quorum of the GMS was over 80%
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, announces acquisition of a 44,863 sqm plot of land located at Soseaua Progresului 56-80, in district 5, Bucharest. One Cotroceni Towers will be developed on this plot, a new mixed-use development that will feature the highest residential towers in Bucharest, after the landmark success of the development of One Cotroceni Park.
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