One United Properties gets €78 million loan for Bucharest project

26
Jul
2021
News - One United Properties gets €78 million loan for Bucharest project #Banca Comerciala Română #BRD Group Société Générale #Erste Bank A.G.  #office #One United Properties #residential #Romania #share

by Property Forum | Investment

Romanian developer One United Properties has secured €78 million in fresh funding from a group of banks for the office component of One Cotroceni Park in Bucharest. 


The loan with a 7-year maturity was granted by Banca Comerciala Română, BRD Group Société Générale and Erste Bank A.G. 

One Cotroceni Park is a mixed-use scheme that will include around 75,000 sqm of office space, over 560 residential units and commercial facilities. 

Shares in One United Properties were flat at 1.80 lei on Monday trading on Bucharest Stock Exchange. Its market capitalization stood at €508 million. 

The company’s core city is Bucharest, where it develops high-end apartments, offices and mixed-use projects. 




Latest news


New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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