The gross development value stands at EUR61.8 million and the project is expected to be delivered in February 2025, according to the company’s officials.
„One Floreasca Towers benefits from the unique positioning, in one of the most exclusive and unique neighbourhoods, in the heart of Bucharest’s most important business district, with immediate access to numerous facilities, malls, as well as to subway connection. The success we had with similar developments located in neighboring areas, such as One Verdi Park and One Herăstrău Towers, gives us premises for yet another highly desirable residential development”, said Beatrice Dumitrașcu, CEO of the Residential Division at One United Properties.
According to her, One Floreasca Towers will consist of two high-rise towers of 14 floors each, situated on a 5,600 sqm plot of land on Gara Herăstrău Street. The development has a Gross Building Area of over 35,000 sqm.
The compound will also benefit from two underground parking levels, with 254 parking places.
In the first six months of 2022, One United Properties recorded a consolidated turnover of EUR136.7 million, up 54% from the year-earlier period.
Gross profit more than doubled year-on-year, to EUR78.8 million, while net profit grew 136%, to EUR70.3 million.
The company’s shares have dropped by 4.9% this year amid RON233 million deals. It has a RON3.4 billion capitalization.
(English version by Catalina Apostoiu)