One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 million in the last 18 months. The total GLA (gross lettable area) of these properties is 20,851 sqm (GLA) and the transactions have achieved an average yield of 6.64%.
Global Vision, a leader in the Central and Eastern European real estate and energy sectors, proudly announces the development of its new AI-powered ESG platform. The platform, designed to enhance sustainability, operational efficiency, and responsible governance across its real estate and energy portfolio, was officially announced at a major business event in New York which highlighted emerging technologies shaping the future of real estate development.
In the first nine months of 2024, the transacted office space in Cluj-Napoca increased by 153% compared to the entire rented space in 2023. By the end of the year, it is estimated that the total volume of rentals will be three times higher compared to the previous year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved several key resolutions during the General Meeting of Shareholders held on October 10th, 2024. These include approving the audited financial statements for the first six months of 2024, the payment of the first tranche of the 2024 dividend, the consolidation of the company’s shares, a new share buyback program, and the ratification of various credit facilities for ongoing developments. The quorum in both of the meeting was over 79%.
One increasingly sought-after category of offices in recent years is that of “green” buildings, Class A, which are ecologically sustainable. River Plaza, a green building certified Breeam In Use at the Very Good level, serves as a benchmark for companies wishing to operate in a central area, in premium quality workspaces.
In a survey by Fortim Trusted Advisors in Romania, 75% of respondents said the most important factors for tenants choosing office space were shops/services, restaurants/cafes and public transport.
Deloitte Romania assisted the Romanian entrepreneurial group Alfa Group in the acquisition of the largest part of the IRIDE Park project, located in the North of the Capital, along with two other properties in the proximity, from CPI Property Group, the Czech group that owns real estate projects in several countries in Central and Eastern Europe. The transaction was signed in October 2024.
Leasing activity in the Bucharest office market in the first half of 2024 saw new demand rise by 7% year-on-year, reaching 64,000 square meters, while total demand slightly decreased to 160,000 square meters, according to Colliers’ report on real estate market developments for the first half of the year.
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