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One United Properties proposes share consolidation at a 50:1 ratio

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 posts a consolidated turnover of 140.6 million euros and a gross profit of 53.2 million euros in the first six months of 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.

RE/MAX network expands in Romania

Residential broker RE/MAX has announced the expansion of its Romanian network with five new franchises in five cities.

Romanian real estate market ends the first half of the year with a favorable outlook

Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania experts in their market report for the first half of the year, set to be released at the end of the month.

The evolution of the mergers and acquisitions market in Romania decreased by 6.2% in the first 9 months of 2023

The Romanian mergers and acquisitions (M&A) market recorded 124 transactions in the first half (H1) of 2024, with a total estimated value of USD 2.3 billion, down 6% in volume compared to the 132 transactions, estimated at USD 3.7 billion, recorded in the similar period of 2023, according to an analysis by EY Romania sent on Friday.

One United Properties 2023 Sustainability Report: 14 Construction Sites, 900,000 sqm under development, and over 21,000 jobs created

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.

Liziera de Lac developed by Liebrecht & wooD will host co-working spaces in the Agora building

Liebrecht & wooD, the international real estate company with a rich history of transformative projects in Central and Eastern Europe since 1991, present in Romania for over two decades, is pleased to announce the completion and inauguration of the public services building known as the Agora at the Liziera de Lac residential complex.

One United Properties’ shareholders approve 70 million euros share capital increase

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%.
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