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ONE UNITED PROPERTIES UNVEILS ‘ONE 2030’ – STRATEGIC VISION TO TRANSFORM THE BUCHAREST REAL ESTATE MARKET

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BUCHAREST, Romania, April 18, 2024 /PRNewswire/ — One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, has launched ONE 2030, a transformative strategy to reshape Bucharest’s real estate market and showcase the city as a market of choice for international investors.

ONE 2030 targets a tripling of One United Properties’ residential operations, continued expansion of the group’s commercial operations and will see it establish its hospitality division with global lifestyle brand hotels in Bucharest.

ONE 2030 strategy at a glance

  • 11,000 residential units completed
  • Secure landbank for a further 20,000 residential units, the majority of which will be under development or in planning under premium and affordable premium sub segments
  • 275,000sqm gross leasing area of office and retail space
  • Future expansion of the office and retail division will respond to specific demand
  • Development of six hotels in partnership with global lifestyle hospitality brands – Mondrian Bucharest already signed and The Hoxton under exclusive negotiations, with three hotels targeted to be operational by 2030 and three under development

Residential division

The ONE 2030 strategy addresses the increasing demand in Bucharest for quality residential housing, which is being driven by changing urban dynamics within the city such as the rise in dual income households and residents’ value of convenience and access to urban amenities.

One United Properties plans to expand beyond its current residential segment focus of luxury, premium, and high-end developments and will accelerate the development of affordable premium residential which targets Bucharest’s middle class. It has land under negotiation for a further 10,000 residential units exclusively for this sub-segment, with the first memorandum of understanding for a 21 hectares plot of land that will host 5,000 units being already signed.

Commercial division

Under the ONE 2030 strategy, One United Properties will focus its commercial division on developing fully customisable office spaces that cater to its partners’ needs and are agreed on a long-term basis. The company will also drive demand from environmentally conscious tenants through using geothermal and solar energy to create new sustainability standards in office development.

Hospitality division

One United Properties announced its intention to enter the Bucharest hospitality market in March 2024 through a partnership with global lifestyle hotel group Ennismore to open the first Mondrian hotel in the CEE region. One United Properties is also in exclusive negotiations to bring The Hoxton to Bucharest.

This move follows Romania’s inclusion in the Schengen Area and leverages Bucharest’s growing popularity amongst both tourists and multinational corporations to expand their presence in CEE. One United Properties will revitalise Bucharest’s neglected historic buildings to bring globally recognised luxury and lifestyle hotel and food & beverage brands to the city.

By 2030, One United Properties aims to have six hotels across Bucharest, with half of these being in operation by the end of the decade.

Increased liquidity and reinvestment to support ONE 2030

In April 2024, significant shareholders of One United Properties, including co-founders Andrei Diaconescu and Victor Capitanu, sold a proportion of their respective shareholdings in the company to institutional investors. Following the transaction, Diaconescu and Capitanu jointly own 50.03% of the business.

This strategic sale increases the company’s liquidity, strengthens One United Properties’ shareholder base and bolsters governance by increasing institutional investor ownership of the business. The majority of the proceeds from the sale will be reinvested into the company through the next share capital increase, supporting the continued development and expansion in line with One United Properties’ ONE 2030 strategy.

Victor Capitanu, Co-founder of One United Properties, commented: “ONE 2030 is not just a vision; it’s our commitment to redefine Bucharest’s real estate landscape and position the city, and Romania, as an enticing investment opportunity.

Through our strategic blueprint, we are not only expanding our residential and commercial segments but also pioneering sustainability and innovation in every aspect of development. With a relentless focus on quality, technology, and sustainability, we’re shaping a future where Bucharest stands tall as a premier destination for international investors and a thriving hub for luxury living.” 

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. 

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Wirex Executive Joins CryptoUK’s New Policy Committee

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LONDON, May 21, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is proud to announce that Chet Shah, Global Chief Risk & Compliance Officer at Wirex, has joined CryptoUK’s newly established Policy Committee.

CryptoUK, the premier trade body representing the UK’s digital asset sector, formed its new Policy Committee which brings together industry-leading experts from the legal, regulatory, and compliance sectors. The committee’s mission is to provide strategic policy guidance, advocate for regulatory clarity, and foster innovation to support the growth of the UK’s digital assets industry.

This appointment underscores Wirex’s commitment to advancing regulatory clarity and innovation in the digital asset sector.

Chet brings a wealth of experience in risk and compliance. His background covers banking, auditing, and traditional finance, as well as solid expertise in the cryptocurrency space. At Wirex, Chet has been crucial in building and improving relationships with global regulators, including the Financial Conduct Authority, and authorities in countries including Singapore, Croatia, and Italy.

Chet’s approach prioritises commercially focused compliance and risk management, ensuring that Wirex operates smoothly at the intersection of traditional finance and Web3. His ability to balance regulatory requirements with innovation has been key to Wirex’s growth and success.

Commenting on his appointment, Chet said, “My experience aligns perfectly with the committee’s goals and together, we can advocate for policies that balance regulation with growth in the digital assets space.”

About Wirex 

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management.

Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

| wirexapp.com |

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Tetr College of Business Introduces a Cross-Border Bachelors Program Across Seven Countries

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  • Courses at Tetr will be led by global business and technology leaders such as Dr. Viney Sawhney (Professor, Harvard University), Dr. Edward Rogers (Former Chief Knowledge Officer, NASA), Faverie Stephane (Executive Group President, Estee Lauder) and Saud Swar (CBO, American Express, MENA).
  • The program will offer a highly experiential and immersive learning experience for students by enabling them to build businesses that generate real revenue & profit in 7 countries.
  • World’s Largest Single-Intake Scholarship Announced at USD 12 Million for 60 Students.

RIO DE JANEIRO, May 21, 2024 /PRNewswire/ — Tetr College of Business, a first-of-its-kind business school, is creating a new generation of leaders who truly possess practical skills and global experience to build successful businesses. Tetr has launched a new undergraduate program where the curriculum focuses on learning business by doing businesses – across the globe. In doing so, the program caters directly to this increasing demand for practical skills. To that end, Tetr has announced the world’s largest single-intake scholarship fund of USD 12 Million to award 60 scholarships for its fall 2024 intake.

Tetr has curated a globally immersive learning experience for students to live, and learn across 7 different countries including UAE, India, Singapore, Ghana, U.S, Brazil, and Italy over 4 years. As part of the program, students will get to study at the world’s leading educational institutions INSEAD, France (FT rank 2), SDA Bocconi, Italy (FT rank 3); as well as NUS, Singapore (#1 in Asia), and IIT among others. Courses at Tetr will be taught by Global business and technology luminaries such as Daniel Garret Van Der Vliet (Executive Director, Cornell University), Manoj Kohli (Ex-CEO, Bharti Airtel & Softbank), Alexis Montesinos (Professor, MIT), Thorsten Truijens (Professor, Kellogg School of Management) and Nitin Gaur (Advisory Board Member, Stanford University).

The B-school has established a 1.6 million USD venture fund ‘Tetr Launchpad’ for aspiring entrepreneurs, complemented by mentorship from an extensive network of venture capitalists, founders, and industry leaders. The academic council of Tetr is led by Ivy League Professors and former global CXOs, such as the likes of Viney Sawhney (Professor, Harvard University), Edward Rogers (Former Chief Knowledge Officer, NASA), Faverie Stephane (Executive Group President, Estee Lauder) and Saud Swar (CBO, American Express, MENA), as part of the founding council.

For prospective students from the Latin American region, growing interest in truly immersive learning experiences perfectly aligns with the nation’s growing intention of cementing itself on the world’s stage,”  shares Dr. Viney Sawhney, Professor of Finance, Harvard University. “I have never seen such a program in my academic experience, even at prestigious institutions like Harvard. This clearly indicates that traditional business education is due for an overhaul. Tetr’s unique program addresses this gap with a curriculum that allows students to travel the world and learn business by doing business in a new country, each semester. I am excited to be working alongside a team that is pioneering a change in the world of business education globally.”

As a part of its curriculum, Tetr will offer students a holistic understanding of how to build brands, investment portfolios, and make data driven decisions rooted in local cultural context, as they travel and study across the globe. Students will get an opportunity to build an eCommerce ‘dropshipping’ business in Dubai, leverage the Silicon Valley’s ecosystem to launch a tech startup in the US and start a community driven project to design and sell a hardware product in Singapore. They will also get to learn content creation, community building and brand partnerships in Milan, launch green initiatives in the realm of EVs, wildlife conservation and renewable energy in Rio De Janeiro as well as build a consumer business catering to suburban audiences in India.

Set to commence the batch from September 2024, Tetr is offering full scholarships to 60 brightest undergraduates from across the world who will join the first batch. Out of this, 10 students will be from Latin American countries. Tetr will empower these individuals to develop the leadership required to pursue their chosen fields.  Backed by Tetr’s entrepreneurial network, they’ll have the resources to turn their visions into reality. The B school will also welcome top SAT scorers (top 1 percentile) and those who have turned down offers from prestigious universities. To know more about the various scholarships, students could visit Tetr’s website here. The deadline for the current round of  applications is June 17.

About Tetr College of Business

Tetr School of Business is a first of its kind global B-school where 100 exceptional undergraduate students from around the world will learn business by building businesses every year, across 7 countries – USA, Italy, Singapore, Brazil, UAE, India and Ghana. As part of its 4-year Bachelors program, these students will study at some of the world’s most prestigious educational institutions including INSEAD (France), SDA Bocconi (Italy), NUS (Singapore), and IIT (India). With a vision to mold them into global leaders, leading educationists and top business leaders from the likes of Harvard, Stanford, MIT, Cornell, NASA, Estee Lauder and American Express will teach and mentor these students in their areas of interest. For more details, please visit – https://www.tetr.com/

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Day 1: News Alert: London Blockchain Conference 2024

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LONDON, May 21, 2024 /PRNewswire/ — Day 1 of the London Blockchain Conference kicks off today with world-renowned marketing and business entrepreneur and professor Scott Galloway taking the stage.  

Tech influencer Lilly Douse will also host this year’s conference. She will bring her top hosting skills and unique perspective on blockchain and AI technology to the event. 

But that’s not all; attendees can also check out Scott Zoldi, Chief Analyst Officer, Fico, who spoke about establishing trust in AL and Blockchain.

This is an opportunity to gain exclusive insights from influential voices in business, technology and blockchain. One can take advantage of these sessions to explore blockchain’s potential to drive business success. 

Please register here to attend or listen to any of the sessions today. 

About the London Blockchain Conference

NETWORK. LEARN. ENGAGE. 

 At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

 

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