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Articles

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%.

One United Properties posts a consolidated turnover of 84.3 million euros and a gross profit of 37 million euros in the first three months of 2024

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’ shareholders approve payment of a dividend of EUR 15.2 million for the financial year 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%

Fortim Trusted Advisors Company, Alliance member of BNP Paribas Real Estate, announces partnership with KÉSZ Group

KESZ Group has selected Fortim Trusted Advisors, company specialized in consulting and real estate management, as the exclusive agent for Corallis, the first own residential project developed in Romania.

Land market remains robust in Romania, ending 2023 on a strong note

The volume of land sales for commercial real estate projects in Romania (excluding for industrial and logistics projects) declined by less than 10% from the 2022 level of 450 million euro, and remains considerably above pre-pandemic levels, according to Colliers estimates.

Edelstein to invest 60 million euro in Diamond project in Cluj-Napoca

Edelstein Group has started the development of a new residential complex in Cluj-Napoca that will be completed in three phases following an investment of €60 million.

Former industrial platforms in Bucharest continue to generate among the highest number of land transactions

The land market in Bucharest has remained active over the past 12 months, in terms of acquisitions made by residential, logistics and retail real estate developers by particularly targeting the former industrial platforms within the city, which provide easy access, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
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