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One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, recorded total residential transactions of EUR 60.4 million in Q1 2026, including sales, pre-sales and reservations, corresponding to 144 residential and commercial units, as well as 243 parking and storage spaces.
“Q1 2026 brings a very strong start to the year, and what stands out is how quickly demand is forming around our new developments. One Floreasca Sunset clearly illustrates this dynamic – within just 10 days from launch, we reserved approximately 36% of the total units, with this momentum continuing beyond the end of the quarter, as a significant part of this demand is currently being formalized into signed contracts with clients. This behavior highlights a more focused market, where buyers are increasingly selective, but respond decisively to well-located developments delivered by developers with a proven track record. In the current environment, demand is no longer broad-based, but highly targeted, and when the right product meets expectations, interest translates into sales very quickly,” said Victor Căpitanu, co-CEO of One United Properties.
The results for the first quarter of 2026 reflect a shift in the sales mix of the Company as One United Properties is entering its largest delivery cycle to date, with a significant share of the portfolio already pre-sold, creating the conditions to accelerate the launch of new developments and expand the sales pipeline. This shift is already reflected in pricing dynamics. The average price for units contracted reached EUR 3,843 per sqm in Q1 2026, compared to EUR 2,881 per sqm in Q1 2025, representing a 33% year-on-year increase.
Starting with 2026, the Romanian residential market operates under a new regulatory framework governing client advance payments, which introduces the concept of reservations and links client payments more closely to construction progress. As a result, going forward, cash inflows will be more evenly distributed over the development cycle, while maintaining strong visibility over contracted amounts.
“The residential market is entering a new phase as the new legislative framework changes the timing and structure of client payments, requiring developers to rely more on their own balance sheets in the early stages of developments. We see this as a positive evolution for the market, as it favors well-capitalized and experienced developers with strong execution capabilities. One United Properties is well positioned in this context, with the scale and financial strength to adapt to these changes,” said Andrei Diaconescu, co-CEO of One United Properties.
As of March 31st, 2026, 73% of all units under construction were already contracted, with 1,135 units available for sale. Across the finalized residential portfolio, One United Properties had an additional 112 units available for sale. The Company plans to continue expanding the sales pipeline in 2026 through the launch of new developments, including One City Club, One Cotroceni Towers and One Park Lane in Bucharest, One Mamaia Nord Phase 3 in Constanța and One Riverfront in Sibiu.
The commercial division continued to support One United Properties’ recurring income. The headline rent for the rental portfolio reached EUR 7.2 million in Q1 2026, a 3% increase compared to Q1 2025. In Q1 2026, One United Properties leased and pre-leased 4,635 sqm of office and retail spaces across the commercial portfolio. As of March 31st, 2026, the standing commercial portfolio totaled almost 152k sqm of GLA, reaching a 97% lease rate.
As of the end of Q1 2026, One United Properties had under construction a total of 4,154 units and 45,500 sqm of office and commercial spaces, with a total Gross Development Value (GDV) of over EUR 1.6 billion. Moreover, the Company had in ownership or under pre-SPA 538.9k sqm of land locations for further development, with total above-ground gross building rights (GBA) of 1.34 million sqm.
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ONE UNITED PROPERTIES (BVB: ONE) is the leading green investor and developer of residential, mixed-use, and commercial real estate in Bucharest, Romania. One United Properties is an innovative company dedicated to accelerating the adoption of construction practices for safe, energy-efficient, sustainable, and healthy buildings, and has received numerous awards and recognitions for its superior sustainability, energy efficiency, and wellness. The company is publicly traded on the Bucharest Stock Exchange, and its shares are included in multiple indices such as BET, STOXX, MSCI, FTSE, ROTX and CEEplus. In 2025, the Financial Times recognized One United Properties 9th in its Top 300 list of in the "Europe's Long-Term Growth Champions" ranking, which features 300 European companies with high average annual revenue growth between 2014 and 2024.