Real Estate Developer One United Properties aims for a projected turnover of 309.8 million Euros and a net profit of 78.7 million Euros by 2025.
Rewritten Article:
One United Properties (BVB: ONE) Aims for EUR 309.8M Turnover in 2025, Continuing Its Green Development Path
One United Properties, the go-to green real estate developer in Romania, sets its sights on a consolidated turnover of EUR 309.8 million for 2025, marking the fifth year in a row with revenues exceeding EUR 200 million (RON 1 billion). The projected operating result is EUR 108.7 million, a 12% climb propelled by robust residential sales and expanding commercial leasing ventures. Gross profit and net profit are slated to ascend by 7% and 5% respectively, reaching EUR 92.8 million and EUR 78.7 million.
In the face of volatility both locally and globally, One United Properties stands tall, vowing to maintain its delivery of impressive results. 2025 is expected to be a pivotal year, confirming yet another year of revenues exceeding 200 million euros and affirming the sustainability of the company's success. This resilience, coupled with agility in adapting to market shifts, has been the backbone of the company's growth.
Key operational aspects are the center of focus in 2025. With a major emphasis on residential deliveries, the company aims to deliver 2,300 residential units, a 14% increase. Pre-sales are trending strong, with 74% of units already sold as of December 31, 2024, leaving 1,572 units for sale and pre-sale. Rental income and tenant services revenue is anticipated to grow by 19%, reaching EUR 36.1 million. This growth is fueled by an expanding office and retail footprint and high occupancy levels. In 2025, One United Properties targets 100% occupancy across the standing office portfolio by finalizing leases for the remaining leasable areas at One Cotroceni Park Office Phase 1 and 2. Additionally, One Gallery, scheduled for delivery in 2025, stands at 76% pre-leased, strengthening long-term rental income.
The year 2025 will mark the company's largest year for deliveries to date. With over EUR 1.5 billion of developments currently under construction, the company's commitment to high-quality residential and commercial spaces is evident. Despite rapid growth, the company maintains a conservative financial structure, ensuring long-term stability.
Operating profit is projected to increase by 12%, outpacing turnover growth, due to improved operational efficiency and significant unit deliveries expected in 2025. Gross profit is projected to climb by 7%, while net profit is expected to rise by 5%, reaching EUR 78.7 million.
Macroeconomic conditions and interest rate movements will guide the company's financial strategy, with a focus on effective capital management and cost optimization.
The 2025 budget is subject to approval by the General Meeting of Shareholders, set for April 29, 2025.
As the leading green investor and developer of residential, mixed-use, and commercial real estate in Bucharest, Romania, One United Properties continues to innovate sustainable construction practices. The company's commitment to safe, energy-efficient, sustainable, and healthy buildings has earned it a slew of awards and recognition. One United Properties is publicly listed on the Bucharest Stock Exchange and features in indices like BET, STOXX, MSCI, FTSE, ROTX, and CEEplus.
*This is a Press release*
Key Insights:
One United Properties (BVB: ONE) has set financial and strategic objectives for 2025:
Financial Targets for 2025
- Consolidated Turnover: One United Properties targets a consolidated turnover of EUR 309.8 million, representing a significant leap from the EUR 289 million reported in 2024[1].
- Operating Result: Projected to reach EUR 108.7 million, growing 12% from the previous year[1].
- Gross Profit: Expected to hit EUR 92.8 million, marking a 7% increase[1].
- Net Profit: Forecasted to rise 5% to EUR 78.7 million[1].
Strategic Goals
- Residential Focus: One United Properties remains committed to maintaining its strong position in the residential real estate sector, with an emphasis on sales and profitability[1].
- Commercial Leasing: Expansion of the commercial leasing portfolio is a top priority, driving increased rental income[1].
- Sustainability and Green Real Estate: The company continues to champion its role as a green real estate investor and developer, emphasizing environmentally sustainable projects[2].
Further strategic highlights include shareholder-approved dividend payments, demonstrating the company's commitment to investor returns[1][4], and a debt management strategy, which left the company with a net debt equivalent to just 11% of its total assets as of the end of 2024, signaling a strong financial standing[1].
These financial ambitions and strategic focuses underscore One United Properties' determination to continue leading the real estate market in Romania, reinforcing its commitment to growth and sustainability.
- One United Properties, with a focus on green real estate investments, aims to expand its business in the commercial leasing sector to boost rental income significantly.
- In the face of market fluctuations, One United Properties plans to allocate a part of its projected EUR 309.8 million turnover in 2025 for investing in various real-estate opportunities, continuing its commitment to sustainable development.
