Eliade Tower building is located on Mircea Eliade Boulevard no. 18, near the internationally awarded mixed-use compound One Floreasca City, developed by One United Properties on a plot of land of 2.9 ha (which was the former Automatica factory – a place abandoned for many years in the center of Bucharest). The compound has an office component – One Tower, three residential towers – One Mircea Eliade and a commercial area – One Gallery (former Ford factory).
"We are interested in opportunities for acquiring key properties for our portfolio, and our recent share capital increase allows us to do just that. Eliade Tower has a strategic location near One Floreasca City, in maybe the most desired place to be in Bucharest today. In the short term Eliade Tower will operate as an office building in our company's office portfolio, but for the medium and long term we will analyse the optimal use of the property", said Victor Căpitanu, co-CEO of One United Properties.
Eliade Tower building has an area of approximately 10,000 square meters spread over 10 floors, it is located on a plot of 4,224 square meters, and benefits from above-ground parking. It is currently approximately 50% leased.
One United Properties' office portfolio currently includes One Tower, One Cotroceni Park, One Victoriei Plaza, One Herăstrău Office, One North Gate and Eliade Tower and will reach a total leasable area of over 150,000 sqm after the delivery of One Cotroceni Park Office Phase 2 by the end of 2022. Together with the commercial portfolio, consisting mainly of Bucur Obor and One Gallery, the former Ford factory, the company's total portfolio for commercial rentals will reach a leasable area of almost 200,000 sqm.
ONE UNITED PROPERTIES is a leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania. 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 the International Property Awards 2019-2020. The company is listed on the Main Market of the Bucharest Stock Exchange, with the symbol ONE and its shares are included in multiple BET and STOXX indices, the FTSE Russell Global All-Cap index, which follows the most liquid shares in the world, and the FTSE EPRA Nareit EMEA Emerging index, which tracks the evolution of companies in the real estate sector in emerging markets.