Real Estate Developer One United Properties records residential sales and advance sales totaling 95.4 million euros during the first half of 2025.
One United Properties, a leading Romanian real estate developer (BVB: ONE), has reported impressive results for the first half of 2025, demonstrating a robust development pipeline and a positive outlook.
Residential Projects
Over 4,000 residential units are currently under construction, with about half slated for delivery in 2025. By June 30, 2025, 79% of available units under development and already delivered had been sold to final clients. Contracted sales are expected to generate approximately EUR 364.4 million in additional cash by 2027, illustrating strong revenue visibility.
Nearly a third of all sales were generated by One Lake District Phase 2, the most affordable development in the Company's portfolio, set for delivery in 2027.
Commercial Portfolio Expansion
As of mid-2025, the standing commercial portfolio covers over 144,000 sqm of gross leasable area with a 98% occupancy rate. The commercial portfolio is projected to grow to 187,000 sqm by the end of 2026 with the completion of major projects such as One Gallery, One Technology District, and Hotel Mondrian.
Geographic Expansion
One United Properties recently entered the Sibiu market through a key land acquisition. This project involves rehabilitating heritage industrial buildings and developing a mixed-use community that blends residential, commercial, and service spaces, marking geographical diversification beyond Bucharest and Constanta with an aim to promote sustainable urban regeneration.
Sustainability Focus
The company positions itself as a leading green developer in Romania, emphasizing energy efficiency, sustainability, health, and wellness in all its residential, commercial, and office buildings. This focus underpins its brand and strategic approach to real estate development.
Market Position and Execution Capability
The company expects to surpass 1 million sqm of total built area delivered to clients within the next 12 months, reflecting disciplined planning, strategic land acquisition, and strong execution capabilities even amid more selective market conditions.
Financial Highlights
- EUR 95.4 million in total sales and pre-sales were recorded in H1 2025, with an average price per sqm sold increasing by 20% year-on-year.
- The second half of 2025 is expected to mark the largest volume of deliveries in the company's history.
- One United Properties finalized 157 residential units at One Lake Club Phase 2 in H1 2025, leasing and pre-leasing 7,483 sqm of office and retail space.
- The Company recorded EUR 12.3 million in pre-sales to early clients at projects where construction had not yet started, up from EUR 4.8 million in the same period of 2024.
- As of June 30th, 2025, One United Properties had 3,884 residential units, 22,000 sqm of office space, and 21,000 sqm of commercial space under construction.
In summary, One United Properties is actively executing a large-scale, diversified pipeline spanning residential and commercial segments, expanding into new regional markets with a sustainability-driven approach, and maintaining strong sales and leasing momentum that supports positive cash flow and portfolio growth through 2026 and beyond. This suggests a confident outlook grounded in execution strength and strategic expansion.
[1] Source: One United Properties 2025 H1 Financial Report [2] Source: One United Properties Press Release, 2025-05-15 [3] Source: One United Properties Sustainability Report 2024 [4] Source: One United Properties Press Release, 2025-03-01
One United Properties is expected to raise its commercial portfolio by 33,000 sqm by the end of 2026, indicating significant investing in business expansion, particularly in real-estate. The company is pursuing financial growth beyond Romania, as shown by their recent land acquisition in Sibiu for a mixed-use project, marking a move towards financing and developing real estate in additional markets.
