Real Estate Company, One United Properties, Announces Residential Sales and Pre-Sales Valued at 95.4 Million Euros in First Half of 2025
One United Properties Accelerates Development and Cash Flow Generation
One United Properties, a leading Romanian real estate developer, has made significant strides in the first half of 2025, with over 3,884 residential units, 22,000 sqm of office space, and 21,000 sqm of commercial space under construction. The combined Gross Development Value (GDV) stands at EUR 1.44 billion, with the residential segment accounting for EUR 1.17 billion of this total.
The company has already finalized 157 residential units at One Lake Club Phase 2, marking the beginning of a series of deliveries that are expected to reach their peak in the second half of the year, signaling an accelerated completion and cash flow generation.
One United Properties anticipates receiving amounts totalling EUR 364.4 million under existing contracts with customers by 2027. This includes EUR 80.6 million in 2025, EUR 198.3 million in 2026, and EUR 85.5 million in 2027. The company collected EUR 71 million in the first half of the year alone, demonstrating a strong near- to medium-term inflow supporting liquidity and operational cash flow.
In the mixed-use and office segments, One United Properties is expanding strategically. Notably, in 2025, the company signed a promissory sale agreement for land in Sibiu, marking its entry into a new regional market beyond Bucharest and Constanta. This project involves the urban regeneration of a former industrial site into a mixed-use community, including residential, commercial, service, and the restoration of four historical buildings.
Commercial leasing is progressing well, with headline rents for the rental portfolio reaching EUR 14.2 million in H1 2025, a 3% increase compared to H1 2024. This indicates steady growth in operational cash flows from the office and commercial leasing business.
Historically, the residential segment has been a significant contributor to revenue and profitability. For instance, in Q1 2024, the company achieved a net margin of 39% on residential sales, with revenues of EUR 61.6 million for the quarter, demonstrating efficient execution and strong market demand.
In summary, One United Properties is actively advancing residential, mixed-use, and office developments with robust delivery schedules, solid sales and leasing progression, and significant expected cash inflows over the next few years. The addition of new regional projects like Sibiu supports future growth and diversification beyond current urban centers.
- One United Properties is actively investing in the business sector, with a promising expansion into a new regional market, Sibiu, through a mixed-use project that includes real-estate development of both residential and commercial spaces.
- The strong near- to medium-term cash flow generation of One United Properties is demonstrated by their collected EUR 71 million in the first half of 2025, primarily from the finance of residential sales and office and commercial leasing.
