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The GTC Group announces a 10% increase in rental income in the first quarter of this year

The GTC Group recorded, in the first quarter of 2022, a 10% increase in rental income compared to the same period last year. The occupancy rate also increased by 1 percent, and adjusted EBIDTA is 5% higher.

The Bucharest office market recovery continued at the start of 2022

The first quarter of 2022 saw a delivery of a bit over 70,000 square meters in new modern office spaces in Bucharest, taking the overall stock closer to 3.3 million square meters.

One United Properties posts a turnover of 70.5 million euro and a gross profit of 42 million euro in Q1 2022

One United Properties (BVB: ONE), a leading Romanian green developer of residential, mixed-use and office real estate, recorded a consolidated turnover of 70.5 million euro in the first three months of 2022, an 81% increase compared to Q1 2021.

One Herăstrău Office building has reached 100% occupancy

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, announces that One Herăstrău Office development has reached a total occupancy rate. The office building located in the North of Bucharest, in an exclusive area with lots of green areas, near the French Village, has a total leasable area of 8,116 sqm, offers modern office space and is currently undergoing LEED Gold certification.

Vastint, an investment of over 100 million euros in two new office buildings

Vastint has obtained the building permit for two new office buildings, with 15 and 8 floors, respectively. The investment is over 100 million euros.

Softbinator Technologies moves its offices to Opera Center

Softbinator Technologies (stock symbol CODE), a Romanian software development company specializing in the design, development and market launch of innovative products, has chosen the Opera Center One building, part of the CA Immo portfolio, to be its new employee-friendly workspace as part of its strategy to strengthen its position as a leading employer.

Recycling group Green Group to move its office in Bucharest to the sustainable One Tower building in Floreasca

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces that Green Group recycling group, which includes eight companies operating in the recycling and waste management market in Romania and Eastern Europe, will relocate its office in Bucharest to the class A One Tower building, part of One Floreasca City multifunctional development, starting with July this year.

Studium Green completes acquisition of a portfolio of 100 real estate assets from Immobiliare Italo Romena

Reff & Associates and Deloitte Romania provided assistance to Studium Green, the real estate developer from Cluj owned by businessman Dorin Bob, in the acquisition of a portfolio of 100 buildings and properties from Immobiliare Italo Romena, a subsidiary of the former Italian bank Veneto Banca (since 2017 in state of compulsory administrative liquidation).

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