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One United Properties signs a 57-million-euro record agreement with Infineon Technologies

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a significant office project to be developed for the listed German tech giant Infineon Technologies, a leader in designing and manufacturing semiconductors.

The average office transaction size increased by 35% in 2023 compared with 2022 while approaching the record level set in 2019

The average office transaction size during the first 9 months of 2023 has been of 1,810 sq. m, the highest average registered in the last 4 years and close to the record level of 1,900 sq. m set in 2019, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Medialine moves its headquarters to One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania announces the conclusion of a lease contract for the relocation of the company Medialine within the One Cotroceni Park development. The contract has been signed for a duration of 8 years. Medialine's new headquarters, a top provider of IT infrastructure solutions tailored to the diverse needs of businesses, reflects Medialine's commitment to providing its employees with a pleasant and modern working environment in line with sustainability principles.

Carrefour rented space for a store within One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania is announcing the opening of a brand new Carrefour Express within One Cotroceni Park.

The number of sold properties increased in H1 2023, but the average price per asset decreased by more than 50%

The number of sold income – generating real estate properties (office, retail, industrial & logistics spaces and hotels) during the first half of 2023 increased by 30% when compared with the same period of last year, but the average price per property decreased from €24 million to €11 million. Therefore, the transactional volume has seen an y-o-y decline of 43%, to a level of €181 million, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Oregon Park achieved the Well Health & Safety certification

Oregon Park, one of the largest and most sustainable office projects in Romania, owned by the Lion’s Head investment fund, achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). The certification recognizes the implementation of measures that ensure a work environment with a positive impact over the health and well-being of employees.

Office rents in Bucharest increased by up to 16% in the last 12 months

Office rents in Bucharest increased by up to 15.8% in the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor)reaching €22.00/ sq. m/ month, an increase which also translated to other submarkets, according to data from Cushman & Wakefield Echinox.

One United Properties posts a consolidated turnover of 171 million euros and a gross profit of 69.8 million euros in H1 2023

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, posts a consolidated turnover of 171 million euros in H1 2023, a 26% increase compared to H1 2022.
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