One United raises funding for Bucharest office project

Business Forum
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.

The investment group attracted in the project company includes Dorin Mateiu, Ionuț Dumitrescu, Bogdan Macovei, Anca Damour, Lucian Crăciun, and Mihai Păduroiu that together hold nearly 20% of the shares. Other significant shareholders include Oana-Adela de Lucia-Barbu with 9.16%, the Portuguese construction firm Confrasilvas with 5.83%, Mircea Săndulescu with 4.67%, and Alexandra Dinu, Investment Director at One, with 2.14%, according to profit.ro.

In the summer of 2024, One United Properties started the construction of One Technology District, which will host the largest R&D centre of Infineon Technologies in Southeast Europe.

The agreement involves the construction and leasing of office spaces with a gross lettable area of 20,595 sqm (with terraces), including 3,000 sqm of laboratories and 280 parking spaces. 

The pre-lease contract for 15 years amounts to €57 million (excluding VAT). The building is set to be completed in 2026.

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