The decrease is the result of “investment works that led to the relocation and/or the suspension of activity of some tenants, and to the voluntary release of spaces occupied by some of the tenants,” the report reads.
The company’s net profit stood at RON5.3 million in the first half of 2025, down 30.8% on the year, total expenses climbed 3.7% to RON10.3 million, and staff costs increased by 10.6% to almost RON1.5 million.
Bucur Obor is 55%-owned by Bo Retail Invest, a company held by real estate developer One United Properties (ONE). BUCU shares have traded 11% lower over the last year, triggering a market capitalization of RON158 million on the secondary market AeRO.