“This financing will be used to fully repay the existing loan contracted by One United Tower S.R.L. in 2021 from the Black Sea Trade and Development Bank, for the development of the sustainable office building One Tower, part of One Floreasca City. Additionally, this new financing ensures the partial repayment of existing shareholder loans and other associated costs”, the report reads.
One United Properties is led by Victor Capitanu, shareholders, co-CEOs and executive members of the Board of Directors.
The company ended the first quarter of 2024 with a consolidated turnover of RON419 million, down 5% on the year, and net profit of RON157.3 million, up 4% on the year. One United Properties has a market capitalization of RON3.4 billion, in line with stock market data.