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Articles

NEPI Rockcastle Starts The Construction Of Vulcan Residence

NEPI Residential, the new residential division of the NEPI Rockcastle group, the main investor and developer of shopping centers in Central and Eastern Europe, announces receiving the construction permit and the start of works at Vulcan Residence, the newest apartments complex in 13 Septembrie area, Bucharest.

Campeador contracts a financing of EUR 4.5 million from CEC Bank for a mixed-use project in Timisoara

Campeador City will reunite in total eight blocks of flats with one, two and three rooms, and an office building, which will also include commercial spaces and a kindergarten. The project will be developed in four stages.

425 homes sold in Cosmopolis in the first 9 months of 2021

425 homes were sold (new contracts) in the first nine months of 2021 in Cosmopolis, the biggest residential project in northern Bucharest. Other several hundred final contracts were signed for the units delivered this year. Sales in Cosmopolis reached 488 transactions in 2020.

One United Properties shares enter the BET Index

On September 20th, 2021, shares of One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, entered the Bucharest Exchange Trading (BET) index. BET index follows the evolution of most liquid companies listed on the Bucharest Stock Exchange (BVB), and as of September 20th, it includes 19 blue chip companies. The weight of One United Properties shares in the BET index is currently 1.68%.

Zacaria is reorganizing its industrial portfolio and investing in new projects, including residential

The Zacaria company, headquartered in Sibiu, sold part of its industrial park portfolio to CTP. The obtained capital allows the Sibiu company to support an organic growth focused on the development of industrial parks, shopping centers and residential projects.

One United Properties shareholders approve payment of 32.5 million lei in dividends and distribution of bonus shares

On September 10th, 2021, One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, convened the first General Meeting of Shareholders (GSM) since the company’s listing on the Bucharest Stock Exchange. During the GMS, the shareholders approved, among other items, the distribution of 32.5 million lei in cash dividends, capitalization of premiums from this year’s IPO and the subsequent issuance of bonus shares in proportion of 4 new shares for every 5 shares held as well as the introduction of a new class of shares.

Deloitte Legal launches SecuRE, a digital tool that helps real estate owners and tenants manage regulatory requirements

Reff & Associates | Deloitte Legal launches SecuRE, a proprietary digital tool that was created to help real estate owners and tenants manage regulatory compliance requirements, regardless of the kind of property they own or use and of the industry in which they activate.

One United Properties posts turnover of 434 million lei and net profit of 147.5 million lei in the first half of 2021

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, posts a record turnover of 434 million lei in the first six months of 2021, a 96% increase compared to the same period of 2020.
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