The developer’s value is now assessed at EUR450 million.
“The new capital structure allows the consolidation of real estate development projects and acceleration of growth. This will allow us to reach a share capital of up to EUR100 million and own capital of over EUR200 million,” said One United co-founder Victor Capitanu.
One United Properties reported a gross profit of RON242.8 million in 2019 and gross dividends of RON41 million. For the first half of 2020, the company approved gross dividends of RON24.5 million.