The editor-in-chief of New Money was present at the press conference held at the end of the Annual General Meeting of Shareholders to discuss with the Board members about the company's plans. In a general market context marked by instability and rising prices, there are always opportunities.
Victor Căpitanu, co-founder of One United Properties, argues that when the market becomes uncertain, the company has something to gain because the developments are located in good areas and customers are redirected to developers with financial stability that are able to complete the works. A reasoning that, according to New Money, resembles that of the spring of 2020, with the outbreak of the COVID-19 crisis, when the co-founder of the company believed that inflation would give quality real estate a hoard value, and subsequent developments proved him right.
In his turn, Claudio Cisullo, Chairman of the Board of Directors at One United Properties, said there is a high probability that the global economy will face a recession. "The big question is whether the recession will end inflation. It will probably be a recession that will slow down inflation", he said, convinced that quality real estate is the safest investment, regardless of the scenario.
Complete article here.
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