In comparison, Globalworth, the largest office space owner in Romania, has a portfolio valued at some EUR1.3 billion in this country, which includes its logistics centers.

One United, held by Victor Capitanu and Andrei Diaconescu, has developed and completed EUR150 million worth of projects and is now working or plans EUR850 million projects. In all, EUR1 billion worth of developments in the last three years and the next seven, taking into account the residential, office and retail components.

One United Properties sold 8% in it for EUR22.7 million to a group of Romanian individual investors earlier this year, which values the group held by Victor Capitanu and Andrei Diaconescu at EUR270 million. It had previously sold 8% in 2017, when it was valued at EUR123 million.

(English version by Loredana Fratila-Cristescu)