One United Properties has signed a €80.5 million term facility agreement with UniCredit Bank, with an option to increase the amount to €140 million.
The Romanian developer and its subsidiaries One High District and One Lake Club entered into the facility agreement with the bank acting as mandated lead arranger, agent, security agent and account bank.
Part of the financing will be used for repayment of intra-group loans and granting of intra-group loans to the company for financing the first tranche of the PTO Program approved in October 2025. The remaining funds will cover construction costs for both developments.
"The Facility Agreement therefore supports both the completion and delivery to clients of the One High District and One Lake Club developments and the implementation of the first tranche of PTO Program, in line with the Company's strategy of securing long-term banking financing for its development projects and shareholder return initiatives," the company said.
The financing is secured by a security package in favour of UniCredit Bank. The facility agreement contains terms and conditions customary for transactions of this nature.
