The contract is worth EUR40.2 million (VAT not included) and will run for 17 years, starting September 2025.
“The subject of the contract: the lease of a retail space with a GLA of 3,600 sqm, on the ground floor of ONE Gallery, plus terraces and storage, to operate a modern food market concept, which will house over 40 different operators, with premium products, in various formats integrated under the same roof”, according to the report.
One United Properties has a market capitalization of RON3.4 billion and is eqully held, 24.88%, by Vinci Ver Holding and OA Liviu Holding Invest, the investment vehicles of founders Victor Capitanu and Andrei Diaconescu. ONE shares have lost 10.8% so far in 2024, amid deals worth RON473.6 million, stock market data show.
One United Properties ended the first quarter of 2024 with consolidated turnover of RON419 million, down 5% on the year, and net profit of RON157.3 million, up 4% on the year.