Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector and who are now targeting “trophy” assets.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has obtained the building permit for One Lake Club, a large-scale premium development with over 600 apartments, located on the shores of Lake Tei. The gross development value (GDV) is 219.4 million euros, and the compound is estimated to be completed during 2025.
Real estate agency ANG Luxury Properties recently announced Grand Chalet, a new premium residential complex developed close to the Poiana Brasov ski resort in Romania. The project's value is about EUR 36 million.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, obtained the building permit for One Floreasca Towers, a premium development in the heart of Bucharest’s business district. The development that will host 208 residential units has a Gross Development Value of 61,8 million euros. The delivery is estimated for February 2025.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, announces a new residential development, One North Lofts, located in a highly desired area on Pipera Bulevard, five minutes’ drive from the Promenada Mall business district of Bucharest and 10 minutes’ drive from Herastrau Park.
Bog’Art is in the process of completing the 19,500 square meters residential project Art City, with a market value of over EUR 20 million. The delivery of the units will be carried out in the following two months.
Real estate developer HAGAG Development Europe announces the consolidation of its management team by appointing Andrea Mihai as Chief Executive Officer.
Apart from the residential phase, that is already under construction and will totalize 268 residential units to be delivered in 2023, White Star Real Estate is planning to launch the next phases of the development, that will imply a total investment of 75mil. Eur. The projects will be erected on available land of 20,000 square meters and will include 32,000 square meters of office space within three buildings, a kindergarten and 5,000 square meters of commercial facilities.
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