The report does not mention the actual location of the respective plots of land.
“The transaction will be implemented in several steps and is subject to several conditions precedent, customary for similar transaction of this magnitude. The total price will be paid in installments. Once the conditions precedent are met, the Company will inform the market accordingly”, One United representatives said in the report.
One United Properties had a turnover of RON843 million in January-June 2023, up 25% on the year, and a profit of RON287 million, down 17% on the year.
ONE shares have gained 16.5% so far in 2023, amid deals worth RON160 million. The Group is valued at RON3.8 billion.