The co-founder of One United Properties talked to Forbes Romania about what the current general context looks like and what are the most important plans the company has at the moment.

"We are in the process of attracting capital from investors in the share capital increase, which will be our fifth capital increase. Our intention is to attract up to 90 million euros from existing investors, who have the option to subscribe proportionally based on preference rights, as well as new investors. The newly raised capital will be invested with priority in new developments, in line with the pipeline we have, while the current cash position will be used to accelerate the delivery of ongoing developments. Our goal with this increase is, in addition to raising capital, to diversify the shareholder base, increase liquidity and raise capital to expand the pipeline.”

Victor Căpitanu also said that this year the company aims to deliver four new developments and also to start One Lake District and One High District, and continue expanding its portfolio of offices and retail through transactions, such as the recent acquisition of the former Ford factory, where One United Properties will develop an area of 13,000 square meters of commercial space.

"2022 therefore brings the diversification of One United Properties portfolio, by expanding the office segment and the retail division and consolidating the investor role, through strategic acquisitions. In parallel, we continue to focus on expanding ONE's high-end brand, through larger-scale developments for middle- and middle-high-income customers. The excellent sales results of One Cotroceni Park set positive premises for similar developments, such as One Lake District and One High District, where we will start construction this year. We estimate that in 2022 we will invest almost 1.2 billion lei in Bucharest",

Victor Căpitanu also said.

Complete interview here.


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