One United Properties announces the handover of the One Herăstrău Towers development
One United Properties S.A., one of the leading green developers of residential, mixed-use and office real estate in Romania, listed on the Main Market of the Bucharest Stock Exchange (symbol ONE), announces the handover for the development of One Herăstrău Towers, located on 74A Nicolae Caranfil Street.
The construction of the building was started two years ago, and now it will receive its residents and tenants. The gross development value (GDV) of this development is approximately EUR 54.3 million.
One Herăstrău Towers is currently 90% sold.
The development offers a modern concept that combines the residential element with the commercial one, with efficient access and panoramic views over Herăstrău Lake and the Northern part of the city. The 2 residential towers include 139 housing units, while the ground floor and the first floor of the complex have an area of about 5,000 square meters for commercial and office spaces.
The company also has a partnership with Le Manoir to open a gourmet market concept within One Herăstrău Towers, which will offer access to a wide range of premium products, sales service, or access through a dedicated mobile application.
"When we develop a project, we aim to achieve the perfect mix between location, architecture, design, high standards in terms of construction and integrated services for future residents. One Herăstrău Towers meets all these criteria and on top it includes a boutique commercial & offices development on the ground floor and first floor, a successful formula on the current real estate market, through which we respond to the specific requirements of the clients. We believe that this type of development, already popular, will gain even more ground in the next period", says Beatrice Dumitrașcu, CEO Residential Division One United Properties.
The building continues the trilogy started by One Herăstrău Park and One Herăstrău Plaza developments and obtained from Romania Green Building Council the “Green Homes” certification which confirms superior norms of performance and sustainability. With a special position in the urban landscape and a modern and elegant architecture signed by the architecture office X Architecture & Engineering led by Marius Călin, One Herăstrău Towers is part of the developer's strategy to invest in multifunctional properties that offer value and improved quality of life.
One Herăstrău Towers is a development with many benefits not only for its tenants and residents, but also for the entire community and the environment. The construction involved the demolition of an abandoned building that remained for almost 30 years like a scar on the face of the city, being abandoned after the 1989 Revolution. It is intended to be an upgrade for the entire district of Herăstrău, while the shops and services available on the ground floor and first floor will serve both the residents and those working and living in the area, or who are just in transit.
ONE UNITED PROPERTIES is the leading green developer of residential, mixed-use and office real estate. 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 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 the FTSE Russell Global All-Cap index, which follows the most liquid shares in the world.
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