What One United Properties does

One United Properties S.A. is a Bucharest-headquartered, publicly listed (BVB: ONE) green real estate developer and investor founded in 2007 by Victor Căpitanu and Andrei Diaconescu. The company develops, sells, and leases residential, office, commercial/retail, and hospitality properties across Romania, with a portfolio of approximately 130,000 sqm of office GLA, 172,000 sqm of total commercial GLA, and a development pipeline supporting 130,000+ residential units on a 138,000 sqm land bank. Core developments include the One Floreasca City masterplan (combining One Mircea Eliade residences, One Tower offices, and the restored One Gallery retail hub), One Cotroceni Park, One Herăstrău Towers, One Peninsula, One Lake District, Eliade Tower, One North Gate, and heritage restoration projects such as One Athénée and the former Ford factory.

The underlying technology centers on certified sustainable building practices: One Tower holds Romania's first LEED Platinum v4 office certification, all office developments carry WELL Health-Safety certification, all residential projects are Green Homes certified by the Romanian Green Building Council, and One Herăstrău Office holds BREEAM certification. The company owns the only residential geothermal heat pump systems in Bucharest (One Peninsula, One Lake District) and has pioneered facade-integrated photovoltaic panels, supported by smart Building Management Systems and a 'Home Smart Application' for residential building management.

One United Properties generates revenue through three primary streams: one-time residential property sales to high-net-worth individuals (premium apartments priced €1.7M-€6.8M for penthouses, ~32.5% net margin per H1 2021), recurring office and commercial rental income (Brussels-headquartered multinationals, banking, tech, and healthcare tenants), and hospitality development (The Hoxton Bucharest and Mondrian Bucharest). Distribution is hybrid: direct sales via website, dedicated agents and show units, plus an exclusive sales partnership with Skia Real Estate and Skia Financial Services. The company went public in July 2021 in Romania's largest IPO in four years, raising RON 260M at a €580M valuation, and operates regional offices in Sibiu, Constanța, and Iași in addition to its One Tower headquarters in Bucharest.

Name

One United Properties

Legal name

One United Properties S.A.

Website

https://one.ro

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

One United Properties is a Bucharest-listed (BVB: ONE) Romanian green real estate developer and investor that builds, sells, and leases LEED- and Green Homes-certified residential, office, retail, and hospitality properties, serving high-net-worth buyers and corporate tenants across Romania.

Ownership category

akta.pro rank

Product category

Green Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Rental and Leasing Services (532)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Sustainable real estate development
• Mixed-use property development
• Commercial office leasing
• Luxury residential development
• Green building development

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Residential Property Sales: Sale of residential properties (apartments, penthouses) to end buyers. Revenue from property development and sales is the primary revenue stream, with net margins around 32.5% based on H1 2021 figures. The company pre-sells properties before completion to generate cash flow for development.
2. Office and Commercial Leasing: Rental income from office buildings (One Tower, One Cotroceni Park, One Victoriei Plaza, One North Gate, Eliade Tower) and commercial spaces (Bucur Obor, One Gallery). The office portfolio amounts to approximately 130,000 sqm GLA, with retail/commercial portfolio reaching approximately 172,000 sqm GLA.
3. Hotel Development: Development and operation of hotels including The Hoxton Bucharest and Mondrian Bucharest, contributing to the mixed-use ecosystem.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

One United Properties is a publicly listed green real estate developer and investor that builds, sells, and leases sustainable residential, office, commercial, and hospitality properties in Romania. Its portfolio comprises LEED, WELL, BREEAM, and Green Homes certified mixed-use developments alongside heritage-restoration projects such as One Gallery and One Athénée. The company generates revenue through residential unit sales, recurring office and commercial leasing, and hotel operations.

Product overview

One United Properties is Romania's leading green real estate developer listed on the Bucharest Stock Exchange (BVB: ONE), offering a diversified portfolio of residential, office, commercial, and hospitality developments. The product portfolio centers on sustainable mixed-use developments (One Floreasca City, One Cotroceni Park, One Verdi Park, One City Club) complemented by standalone office buildings (One Tower, Eliade Tower, One North Gate, One Technology District, One Victoriei Plaza/Intesa Bank HQ, Bucur Obor) and residential projects (One Herastrau Towers, One Floreasca Towers, One Mircea Eliade, One Peninsula Floreasca, One Lake District, One Mamaia Nord, One Floreasca Vista, One Herastrau Vista, One Timpuri Noi, One Modrogan, One High District, One Lake Club, One Academy Club, One Floreasca Sunset, One North Lofts). The company also operates commercial/retail spaces including One Gallery (restored Ford factory) and develops hospitality projects (The Hoxton Bucharest, Mondrian Bucharest). All developments follow sustainable building standards with LEED, Green Homes, BREEAM, and WELL certifications.

Differentiator

Problem solved

Functional benefit

Brands

• One Residences: Residential properties for sale division
• One Offices
• One Gallery
• Neo Residences
• One Hospitality
• Skia

Products and services

• One Floreasca City Flagship mixed-use development in Bucharest spanning 2.9 hectares, comprising One Mircea Eliade residential towers, One Tower office building, and One Gallery commercial retail space, offering integrated living, working, and shopping in a sustainable environment.
• One Tower Office tower within One Floreasca City featuring LEED Platinum v4 certification and WELL Health-Safety certification, with approximately 24,000 sqm gross rentable area; the first office building in Romania to obtain LEED Platinum Building Design and Construction certification.
• One Cotroceni Park Large-scale mixed-use development in the Cotroceni district of Bucharest featuring office spaces and residential units developed in phases, with LEED Platinum v4 pre-certification for the office component.
• One Mircea Eliade Three residential towers within the One Floreasca City mixed-use development offering exclusive apartments with sustainable features and Green Homes certification.
• One Gallery Restored historic Ford factory transformed into a modern retail and cultural hub within One Floreasca City, featuring office spaces, cultural venues, and commercial areas including an Auchan România 2,000 sqm concept store.
• One Herastrau Towers Luxury residential towers near Herăstrău Park and lake, featuring high-end finishes and panoramic views.
• One North Gate Office complex in the Pipera area with 23,000 sqm leasable area and 504 parking spaces, fully leased to Renault Technologie Roumanie.
• One Athénée Luxury mixed-use heritage development near the Romanian Athenaeum involving restoration of a historic monument, featuring exclusive commercial spaces and ten high-class apartments with an estimated gross development value of €21 million.
• One Peninsula Floreasca Residential development in the Floreasca peninsula area featuring a geothermal heat pump system, one of only two residential developments in Bucharest with this sustainable heating and cooling technology.
• One Lake District Residential development equipped with a geothermal heat pump system, one of the few in Bucharest with this sustainable energy feature.
• One Mamaia Nord Residential development on the Black Sea coast in the Mamaia Nord area.
• One Floreasca Vista Residential development in the Floreasca area offering quality sustainable living spaces.
• One Floreasca Towers Delivered residential towers in the Floreasca area of Bucharest.
• One Herastrau Vista Residential development near Herăstrău Park in Bucharest.
• One Timpuri Noi Delivered residential development in the Timpuri Noi area of Bucharest.
• One Modrogan Residential development under construction in the Modrogan area of Bucharest.
• One High District Residential development under construction with sustainable features in Bucharest.
• One Lake Club Residential development under construction in Bucharest.
• One Academy Club Residential development under construction, part of the growing One United Properties portfolio.
• One Floreasca Sunset New reference residential development in the Floreasca district of Bucharest.
• One Herastrau City Upcoming residential development in the Herăstrău area of Bucharest.
• One Verdi Park Mixed-use development combining residential and commercial spaces in Bucharest.
• One City Club Upcoming mixed-use development in Bucharest.
• One North Lofts Loft-style mixed-use development in Bucharest.
• One Victoriei Center Office building in the Victoriei Square area with 12,000 sqm gross lettable area featuring a renovated lobby design, currently leased in part by Intesa Bank as its headquarters and BRD.
• Eliade Tower Office building on Bld. Mircea Eliade offering approximately 10,000 sqm of office space across 10 floors on a 4,224 sqm plot, acquired from Eurobank S.A. Greece for €9.5 million.
• Bucur Obor Commercial complex located near the Obor market and metro station, connecting new residential communities with contemporary commercial areas.
• One Technology District Technology-focused office development within the commercial portfolio, serving the technology sector in Bucharest.
• The Hoxton București International hospitality brand hotel developed in partnership with Ennismore, combining heritage architecture with contemporary design and international hospitality standards.
• Mondrian București Design-focused hotel development under the Mondrian brand, part of the hospitality portfolio of One United Properties.

Quantifiable outcome

• 21,000 jobs supported through direct and indirect construction activities
• +4 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Nine partnerships are on record, tiered supporting, strategic and core.

• Retromobil Club RomaniasupportingStrategic or Co-development Partner · 30 March 2026Collaboration partner for restoration of a 1939 Ford V8 Fordor DeLuxe Model 91A vehicle at the former Ford factory (One Gallery). Restoration coordinated by Răzvan Bădulescu.
• JLL RomâniasupportingImplementation/ SI/ Consulting Partner · 3 April 2023Real estate consultancy assisting One United Properties in the €21 million sale of its stake in One Herăstrău Office to a private investor.
• Auchan RomâniastrategicStrategic or Co-development Partner · 24 March 2022Sold the historic former Ford factory property to One United Properties. Operating a 2,000 sqm concept store supermarket within the restored One Gallery development.
• United Nations Global CompactcoreStrategic or Co-development Partner · 6 December 2021One United Properties joined the UN Global Compact, committing to support the Ten Principles on human rights, labor, environment, and anti-corruption. Company pledged to annual sustainability reporting.
• Romanian Green Building Council (RoGBC)coreStrategic or Co-development Partner · 1 June 2015Member since 2015, promoting environmental responsibility and energy efficiency. All residential developments certified Green Homes by RoGBC.
• Skia Real EstatecoreChannel Partner/ Reseller/ DistributorExclusive sales partner for One United Properties residential properties. Also operates Skia Financial Services for financing consultation, helping buyers identify suitable financing options from banking and non-banking institutions.
• X Architecture & EngineeringcoreStrategic or Co-development PartnerArchitecture and engineering partner for One United Properties developments. Executive Director Simona Văleanu serves as consultant on heritage restoration projects including One Gallery.
• Lemon Interior DesignsupportingStrategic or Co-development PartnerInterior design partner for One United Properties developments. Signed new lobby design concept for One Victoriei Center.
• MailChimp (Rocket Science Group)supportingTechnology or IntegrationEmail delivery platform for newsletter distribution and event communications. Email addresses stored on MailChimp servers in the USA.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• CPI Property Group: CPI Property Group is the largest real estate group in Central and Eastern Europe, with a diversified portfolio of office, retail, and residential assets across Czechia, Germany, Hungary, and Poland. Comparable to One United Properties as a publicly listed CEE real estate developer/investor focused on income-producing assets, though it operates at a much larger scale and broader geographic footprint.
• NEPI Rockcastle: NEPI Rockcastle is the largest retail real estate platform in Central and Eastern Europe with significant Romanian exposure. Comparable as a publicly listed CEE-focused real estate investor and operator, though concentrated in retail rather than mixed-use residential/office development.
• Immofinanz: Austrian-listed real estate investor/developer specializing in office and retail properties across CEE, including Romania. Comparable as a public, sustainably certified office-focused real estate company with overlapping Bucharest footprint.
• CA Immobilien Anlagen (CA Immo): CA Immo is a Vienna-listed pure-play office specialist with a portfolio across Austria, Germany, and CEE. Comparable as a public, sustainability-certified office-focused real estate investor, though without the for-sale residential development arm that One United Properties operates.

Direct peers

• Globe Trade Centre (GTC): GTC is a leading CEE office and mixed-use developer with operations in Poland, Hungary, Bucharest, Belgrade, and Zagreb. Most directly comparable to One United Properties on the office development and investment side, including LEED-certified office stock and similar tenant profiles in Bucharest.
• Echo Investment: Echo Investment is one of Poland's largest residential and commercial developers with a focus on mixed-use urban regeneration projects. Comparable to One United Properties on the mixed-use development model, urban regeneration expertise, and dual residential/commercial positioning in a CEE emerging market.
• AFI Europe: AFI Europe is an Israel-based real estate developer and investor active in Romania, Czechia, Poland, Serbia, and Bulgaria. Comparable as a foreign-investor-led developer with significant Romania operations including AFI Cotroceni (a direct competitor to One Cotroceni Park).
• Impact Developer & Contractor: Impact is a Bucharest-listed Romanian real estate developer focused on premium residential and mixed-use projects in Bucharest. The closest direct Romanian-listed peer to One United Properties, with overlapping luxury residential positioning and Bucharest-centric development pipeline.
• Globalworth: Globalworth is a London- and Bucharest-listed office landlord focused on CEE, with one of the largest office portfolios in Romania and Poland. Comparable to One United Properties on the institutional-grade, sustainability-certified Bucharest office landlord model, including BREEAM/LEED-certified stock and overlap in enterprise tenants.

Regional players

• VGP Group: VGP is a Belgian-listed European developer and operator of logistics and semi-industrial real estate with growing CEE exposure. Adjacent peer for a publicly listed European real estate developer focused on sustainable, energy-efficient buildings — VGP's commitment to net-zero and solar integration mirrors One United Properties' sustainability narrative but in a different asset class.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/oneunitedproperties
• Facebookfacebook.com/OneUnitedProperties
• LinkedInlinkedin.com/company/oneunitedproperties
• Instagraminstagram.com/one_united_properties
• TikToktiktok.com/@one_united_properties
• Xx.com/One_United_

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One United Properties