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Residential Market News

Cushman & Wakefield Echinox: The total value of the appraised assets increased by 40% in 2021 due to adding larger projects in the portfolio

The valuation department of the Cushman & Wakefield Echinox real estate consultancy company appraised over 380 properties with a total value of 5.5 billion euros in 2021. The valuation department’s portfolio increased by 10% in terms of the number of properties, while the total value of the appraised assets increased by 40%, due to adding larger projects in their portfolio.

The largest number of homes under construction in Bucharest in history. Transactions increased by 16% in the first quarter

Over 27,000 homes are under construction at this moment in Bucharest and its surrounding according to a report released by real estate consultant SVN Romania. This is the largest number of dwellings under construction in the region in the modern history of the local residential market.

More than 72,000 residential units were delivered in 2021 in Romania, a record level since 1989

72,522 units were delivered across Romania in 2021, a record level on the residential market since 1989, marking a 7% increase compared with 2020, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based on county statistical data released by the National Institute of Statistics.

One United Properties appoints ESG Committee to shape the sustainability agenda

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the creation of the Environmental, Social and Governance Committee that will assist the Board of Directors in defining the sustainability strategy. It is the first-ever ESG Committee appointed by the Board of Directors of a Romanian blue-chip company.

Romanian real estate market is recovering after two difficult years

After the initial concerned outlook on the future of the real estate market in connection with the health crisis’ all-encompassing effects, the second year of the pandemic has allowed us to draw some better informed conclusions.

One United Properties acquires 3,065 square meters of land to expand the development of One Lake Club

One United Properties, green developer of residential, mixed-use, and office real estate, announces the acquisition of a new plot of land with an area of 3,065 square meters, for the extension of the residential complex One Lake Club, located on the shores of Lake Tei in Bucharest.

One United Properties proposes to shareholders dividend of 15.2 million euro for financial year 2021

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, convened the General Meeting of Shareholders (GMS) for April 26th, 2022. On the agenda of the GMS are, among other items, the approval of the payment of the second tranche of the dividends, share capital increase with cash contributions, share buyback as well as the election of new members of the Board of Directors.

Lidl will open a store in Cosmopolis. Target of over 500 homes sold in 2022

Opus Land Development, the developer of Cosmopolis, will invest EUR 30 million this year in the construction of approximately 500 new homes and the extension of the existing strip mall and in the ongoing infrastructure development of the project.

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