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Property Market News

One United Properties shareholders approve bi-annual dividend payment, share price consolidation at 50:1 ratio

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%.

SVN Romania expands across borders and plans 15 new offices

Real estate consultant SVN Romania expanded its activity across borders by launching the SVN Overseas division, which offers consultancy and brokerage services for dozens of residential projects, of which about 20 exclusively for Romanian buyers. In addition, the company plans to expand in Romania through 15 new regional offices in the main regional economic centres but also in Bucharest and its surroundings.

RIVER DEVELOPMENT becomes SEMA Real Estate

The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate. River Development represented the identity of the developer for more than 20 years and supported the image of a prominent player on the real estate market in Romania. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand positioning in the market.

ROENEF, together with ING Bank Romania and local authorities, launches a national project dedicated to promoting energy efficiency in buildings

The Association for the Promotion of Energy Efficiency in Buildings (ROENEF) announces the launch of the "ROENEF Caravan", a project aimed at promoting energy efficiency in buildings and raising awareness among the population about the benefits of energy efficiency in housing, both economically, environmentally and health-wise.

Interview

PropTech will completely transform the way real estate works today

An interview with VINCENT VALLOIS MRICS, co-founder of Online Real Assets, the first real estate start-up hub in Central and Eastern Europe.

Advice from Experts

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ALEXANDRA IOANA PASCARIU

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BENCE FEDOR

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