One United Properties, one of the leading developers of residential, mixed-use, and office real estate in Bucharest, announces its intention to become listed on the Main Market of the Bucharest Stock Exchange, approved in the Extraordinary General Meeting of Shareholders which took place on April 19th.
One United Properties was founded by Victor Căpitanu and Andrei Diaconescu, who currently own 75% of the company’s shares and are the only executive members of the board of directors, while the rest of the other five members are non-executive. The two founders will continue to lead the company after its listing at the Bucharest Stock Exchange.
“Since the very first projects developed under the brand One, we have set out to continuously innovate in the construction of energy-efficient and sustainable buildings and we have focused our efforts on redefining the concept of urban living to Western standards. Our plans to grow the company continue through the contemplated listing on the stock exchange, which will bring our company to the next level along with our long-term strategy, diversify the options available for accessing capital for our innovative real estate projects, allow a new category of investors to join us, and increase liquidity for the company’s shareholders”, says Victor Căpitanu, co-founder of One United Properties.
The two founders have invested in real estate since 2000 and developed the first residential building in 2006. Starting with 2013 they have expanded real estate projects under the brand One, turning it into the leader of the high-end residential market in Romania, with multiple awards for architecture, design, development and sustainability.