One United Properties was honoured at the Capital Awards Gala with the “Investment in Protecting and Regenerating the Cultural Heritage of the Capital” award. This accolade highlights the company’s dedication to preserving and revitalizing architectural heritage, seamlessly integrating history and urban culture with innovative and responsible approaches.
One United Properties’ efforts to contribute not only to urban regeneration, but also to making Bucharest an attractive destination for tourists and locals alike are part of the company strategy for the upcoming years. One United Properties entered the historic restoration segment in 2021 with the acquisition of the famous historical building, the Braikoff House, which will be known as One Athénée after the complete renovation and will positively impact the whole area near the Romanian Athénée. On the same street, Georges Clemenceau, the company has also acquired an unfinished building which is to be restored and transformed into an exclusive lifestyle hotel operated by the famous international brand Mondrian.
In 2022, One United Properties expanded efforts in landmark restoration, with the acquisition of One Downtown, (including the former Hotel Muntenia), and the former Ford factory, located within One Floreasca City, which is currently undergoing restoration and will be transformed into a retail space, called One Gallery, positioning itself as one of the largest individual investments in restoring a protected building in Romania. In total, the Gross Development Value for the restoration portfolio of the company is estimated at 189 million euros.
