The contract represents a lease agreement over a 15-year period, for office space with a gross leasable area of 20,000 square meters, starting from 2026.

“The subject of the contract: lease of office space with Gross Leasable Area of 20,000 sqm (including terraces) and parking spaces. The lease agreement is concluded for a future development of the Company. Duration of contract: 15 years, starting from 2026”, the report shows. Tenant: confidential; not an affiliate of the company. Landlord is ONE Proiect 17 (subsidiary of One United Properties).

One United Properties has a market value of RON3.45 billion. Its shares have gained 6% so far in 2023, amid deals worth RON137 million. Victor Capitanu and Andrei Diaconescu each own indirectly a 26.48% stake in the company.

One United Properties reported a consolidated turnover of RON843 million for the first half of 2023, up 25% on the year, and a net profit of RON287 million, down 17% on the year.