Romania’s real estate development company One United Properties announced residential sales and pre-sales totaling €137.7 million during the first nine months of 2025, reflecting a 28% decrease compared to €190.6 million recorded in the same period last year.
Specifically, the company completed the sale and pre-sale of 467 residential units and commercial spaces, covering a total area of 42,634 sq.m., along with 570 parking spaces and other unit types. In comparison, 2024 saw 713 units sold and pre-sold, encompassing 71,886 sq.m. of space, plus 1,071 parking spots.
Despite the decline in sales volume, the company achieved an impressive 22% increase in the average selling price per square meter—nearly four times the annual growth rate of new residential property prices in Bucharest, which remain in the single digits.
In the commercial real estate sector, rental income rose by 3% year-on-year, reaching €21.6 million. The company leased and pre-leased 7,739 sq.m. of office and retail space and renewed leases for an additional 21,900 sq.m.
By the end of September, the company’s existing commercial portfolio amounted to 144,086 sq.m. of gross leasable area (GLA), boasting an impressive occupancy rate of 98%. One United Properties expects its commercial portfolio to expand to 187,000 sq.m. by the end of 2026, following the completion of projects including One Gallery, One Technology District, and Hotel Mondrian.
The company’s net profit increased by 9% in the first half of 2025, reaching 248.4 million Romanian Lei (approximately €48.9 million).