The upgrade reflected the increased market capitalization, as well as the solid liquidity of ONE stock.
”One United Properties continues excellent performance at the Bucharest Stock Exchange, growing the share of Romanian entrepreneurial companies included in the global indices. Having just finalised the newest financing round, we have increased our free float even further, welcoming new shareholders to our company. Pairing this with today’s decision of FTSE Russell to move ONE shares to a more representative category of mid-sized stock, we estimate an even increased trading activity on ONE shares in the coming period,” stated Victor Capitanu, co-CEO of One United Properties.
On the Bucharest Stock Exchange, the company has a RON3.3 billion capitalization and its shares have posted 7% growth this year amid RON168 million deals.
One United Properties shares were included in the FTSE Global Equity indices series in December 21, 2021.
ONE shares are also included in the EPRA Nareit Emerging index, conceived to track the performance of real estate companies and REITS listed on emerging markets.
(English version by Catalina Apostoiu)