Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a financing facility for the development of One Technology District, the largest semiconductor chip R&D centre in Southeastern Europe currently being developed for Infineon Technologies.
SkyRun 2024, the stair running competition, organised by SkyTower Bucharest, exceeded all expectations, attracting over 800 participants from six countries: Romania, Bulgaria, Austria, Moldova, the UK, and Italy. Originally organised for 700 participants, the final count surpassed this target, including 100 children and teenagers aged 7 to 17, marking the first year that the event opened its doors to younger athletes. The youngest participant was just 7 years old, while the oldest competitor was 77, highlighting the inclusive and multi-generational appeal of the event.
A new ultramodern flexible workspace will open in the center of Iași by the International Workplace Group (IWG), the world’s largest provider of hybrid work solutions, which includes brands such as Spaces and Regus. Demand for space in IWG locations has grown significantly in Romania as employees increasingly adopt hybrid working.
EVO Properties is rapidly advancing in the development of the new multi-functional hub, with the first lease agreements already signed and advanced negotiations for the remaining available spaces in London and Oslo buildings.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded turnover of EUR 208.5 million in the first nine months of 2024, an 11% year-on-year decrease. This marks the second time in the Company’s history that turnover has surpassed EUR 200 million already within the first three quarters, reaffirming One United Properties strong position in the Romanian real estate market. Gross profit for the period was EUR 70.8 million, while net profit reached EUR 60 million
780 participants are taking part at SkyRun 2024, the stair running competition, organised by SkyTower Bucharest, with all funds raised from participation fees being donated to four charities. Part of the "Sky's the Limit" annual competition program, the event will take place on Saturday, November 9th, starting at 10:30 am, at SkyTower, the tallest building in Romania.
Four companies that sell furniture have rented sales spaces on the ground floor of office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm. The last one opened is the new Insignis concept store, with an area of 673 sqm, which will exhibit and sell pieces of furniture from top brands in Europe. The lease transaction was assisted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
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