The total value of the investment amounts to EUR 6.7 million, the partnership representing an expansion of the one sealed last year, which entails that VRSI will invest capital in implementing energy efficiency solutions at One United Properties’ developments.
„The partnership with Veolia România Soluții Integrate allows us to implement solutions that will further improve the sustainability parameters related to One United Properties’ residential developments, in our effort to build green and feasible communities, with renewable energy for all the inhabitants. In recent years we have noticed an increasing interest of end consumers in safe and sustainable developments, and a higher awareness of the energy efficiency importance, therefore we aim to continue investing in geoexchange systems for all our residential developments that allow such implementations”, said Andrei Diaconescu, co-CEO of One United Properties.
Geoexchange system is among the most energy-efficient, environmentally clean, and cost-effective space conditioning systems available. Geoexchange solution does not emit carbon dioxide, carbon monoxide, or other greenhouse gases that contribute to air pollution. In addition, since the geoexchange systems do not burn significant amounts of fuel such as gas, oil, propane, or coal, they operate at a lower cost and are much cleaner. Consequently, the costs for heating and cooling with geoexchange solution are lower than traditional solution and it will be predictable and long-term consumption autonomy.
„The improvement of our environmental footprint and that of our customers is central to our business and its economic model. The investments allocated for implementing these green heating and cooling solutions are EUR 3.1 million for One Lake Club and EUR 3.6 million for One High District“, said Mădălin Mihailovici, CEO of Veolia Romania.
One Lake Club is an exclusive residential development, which offers a unique real estate concept on the current Bucharest market: 7 towers located right on the shore of Lake Tei (5 towers of 16 floors and two towers of 8 floors). It will comprise a total of more than 700 apartments, both studios and one-, two-, three- or four-bedroom apartments.
One High District is a large-scale premium development with a gross building area of approximately 92,000 sqm aboveground and 16,000 sqm underground. It is a community-based real estate concept, offering residents more than just a living space. The development totals 786 apartments spread over three towers with 20 floors – which will thus become the tallest residential towers in the Lacul Tei area and among the tallest residential towers in Romania -, 28 commercial spaces and no less than 1,134 parking spaces. Located in the close proximity of Floreasca-Barbu Văcărescu area, on a plot of approximately 25,000 sqm, of which more than 30% are green areas, the development offers future residents a modern, sustainable urban lifestyle, with contemporary design apartments
The partnership between One United Properties and VRSI is part of a larger sustainability strategy that the Company began rolling out at the end of 2021, following the decision to join the UN Global Compact, the world’s largest sustainability initiative. Following the adherence to UN Global Compact, the Company pledged to report on the Sustainability progress annually.
(English version by Catalina Apostoiu)