The company plans investments put at EUR21 million to renovate the building classified as a historical monument.
In the wake of renovation works, One Athenee will have 10 luxury apartments on upper floors and a shopping area on the ground and first floor.
This is One United Properties’ first project whereby it acquired a cultural monument.
In the first six months of 2021, the company posted turnover of RON434 million, up 96% from the year-earlier period, and net profit worth RON147.5 million, 267% higher.
The company listed on the main market of the BSE in July 2021. One United Properties saw revenues from housing unit development and sale rise by 51% in the first six months of this year, to RON332.8 million.
(English version by Catalina Apostoiu)