One United Properties is the leading developer of sustainable real estate projects listed on the Main Market of the Bucharest Stock Exchange (BVB: ONE). Founded in 2007 by Victor Căpitanu and Andrei Diaconescu, the company set out from the very beginning to redefine real estate development in Romania, based on principles of sustainability and urban responsibility.
Since then, ONE has transformed abandoned areas into thriving communities, heritage buildings into attractive destinations on Bucharest’s map, and entire neighborhoods into modern ecosystems where people choose to live, work, and spend their leisure time. The developer has been recognized by the Financial Times as the ninth fastest-growing company in Europe over the past decade in the “Europe’s Long-Term Growth Champions” ranking and has also been named a Superbrand in the Business – Real Estate/Properties Development & Management category.
Today, One United Properties’ investments in the local market support approximately 21,000 jobs, directly and indirectly, through construction site activities and the supply chain. Over the past five years, the company has invested approximately €1 billion in Romania in projects consistently focused on urban regeneration and the transformation of underutilized areas into vibrant new urban centers with integrated residential, office, and retail spaces.
The company develops and manages a portfolio of landmark properties, with a focus on urban regeneration and real estate investments. One United Properties operates an integrated real estate development and management platform that covers the entire operational cycle, from land identification and acquisition to design, construction, and property management.
The history of ONE is a story of a new vision for contemporary cities. The early years focused on exclusive residential developments in Bucharest’s most sought-after locations. This was followed by expansion into the office market and the development of large-scale mixed-use projects that combine residential, office, retail, and service components under a unified urban vision.
Today, ONE operates across four segments: residential, office, commercial, and hospitality. Its portfolio includes more than 15 delivered residential developments, over 3,800 units currently under construction, and a commercial portfolio with a 97% occupancy rate. Each development is designed to create long-term value, both for those who live or work in ONE buildings and for investors who believe in Romania’s potential. Furthermore, ONE’s strategy focuses on exceptional urban locations that are difficult to replicate.
Urban responsibility lies at the core of the company’s vision. One Cotroceni Park transformed the former Ventilatorul industrial platform into the most ambitious urban regeneration project on the local market, now a mixed-use community featuring residential, office, retail, and green spaces. One Floreasca City reflects the same vision of transforming a neglected industrial area into a city landmark. Within this development, One Gallery brings back to life the former Ford Hall in Floreasca, inaugurated in 1936 as the first Ford factory with a moving assembly line in Eastern Europe, transforming it into a multifunctional destination that includes offices, a museum area, a wellness center, and one of the largest food halls in this part of Europe. One Athénée is a restoration initiative dedicated to the renowned Braikoff House, an architectural landmark in the heart of Bucharest. In Sibiu, ONE is restoring the former Gratioza pen factory (1922), integrating it into a new mixed-use community on the former FLARO industrial platform.
In line with the company’s commitment to urban responsibility, a significant part of its investment efforts remains focused on infrastructure and access to education, with the goal of creating well-connected and fully functional communities. In this regard, ONE actively contributes to improving road infrastructure in the areas where it develops projects, allocating substantial investments to modernize existing roads and create new ones. More recently, education has become a key pillar through the launch of a new project aimed at building two educational facilities in Bucharest.
The latest chapter in ONE’s story is hospitality. In partnership with Ennismore (part of the Accor Group), the company is developing two lifestyle hotels in central Bucharest: Mondrian Bucharest, located near the Romanian Athenaeum, and The Hoxton, which will be developed through the restoration of three historic buildings on Academiei Street. At the same time, Marketta Food Hall within One Gallery will bring together more than 40 operators and international brands, including Relais de l’Entrecôte, Em Sherif Café, and Yubi Dubai.
After nearly two decades of shaping Bucharest’s urban landscape, ONE is extending its vision of city regeneration both regionally and internationally. The company is developing projects in Constanța and Sibiu, with Iași also joining its expansion plans. In 2026, ONE took its first step onto the international market through the acquisition of land in the Nashville metropolitan area in the United States.
ONE’s business model combines real estate development with recurring income-generating assets. All residential developments are certified Green Homes by RoGBC, while office buildings hold LEED and WELL Health-Safety certifications. The company operates with a strong focus on investment discipline, architectural quality, sustainability, and execution, strategically prioritizing developments that contribute positively to urban growth and create lasting value for the broader community.
