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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M360 Eurasia returns to Baku, Azerbaijan for the second year, inviting leaders from the mobile industry and vertical sectors, and senior policymakers, to accelerate regional transformation

LONDON, April 18, 2024 /PRNewswire/ — M360 Eurasia, hosted by the GSMA and with Host Sponsor Azercell, will return to Baku from 15-16 May 2024 at the JW Marriott Absheron Baku Hotel.

M360 Eurasia convenes executives from leading corporations in mobile and vertical sectors, as well as key political and regulatory figures from the region. The previous edition saw attendance from 29 countries and territories, consisting of 30% senior decision-makers and 45% non-telco attendees. This year’s event will explore how the mobile industry can forge partnerships across industries to prepare for the AI revolution.

The agenda will be aimed at accelerating the ongoing digital transformation of CIS countries and the neighbouring regions, with key topics of discussion including the Digitalisation of Everything, Next-Generation Networks and the Role of Generative AI.

Recently announced speakers include: 

• Zarina Zeynalova, CEO of Azercell
• Jana Krimpe, CEO & Founder, B.EST Solutions
• Evgeny Nastradin, CEO of Beeline Kazakhstan
• John Giusti, Chief Regulatory Officer, GSMA 
• Lara Dewar, Chief Marketing Officer, GSMA
• Dr. Emin Islam Tatli, CISO of Turkcell
• Petr Dvorak, CEO for Partner Markets, Vodafone Group

M360 Eurasia is with the support of the Ministry of Digital Development and Transport of the Republic of Azerbaijan and Host Sponsor, Azercell. Attendees and members of the media can register for their digital event pass here. 

The GSMA’s Chief Regulatory Officer, John Giusti, said: “As industry and society across Eurasia transform at an unprecedented pace, our connected ecosystem needs a place to explore the latest technologies, identify opportunities and meet with those shaping the digital economy for the region. M360 Eurasia is that place and Baku provides the perfect venue for regional businesses to explore global opportunities, or for global companies to expand across Eurasia.”

M360 series: Regional focus, global impact

Presented by the GSMA, M360 is a series of global events that unify the regional mobile ecosystem. The events aim to discover, develop and deliver innovation that serves as the foundation for positive business environments and societal change. The subsequent M360 event will be M360 LATAM, hosted in Mexico City from 5-6 June 2024. We invite you to find out more about the GSMA by clicking here.

About GSMA  

The GSMA is a global organisation unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operators and organisations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Services and Solutions, and Outreach. This activity includes advancing policy, tackling today’s biggest societal challenges, underpinning the technology and interoperability that make mobile work, and providing the world’s largest platform to convene the mobile ecosystem at the MWC and M360 series of events.  

We invite you to find out more at gsma.com   

Media Contacts  

GSMA Press Office   
[email protected]  

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Project Nemo, an initiative to accelerate disability inclusion within the UK fintech sector, has launched this week with the aim to encourage the industry to better serve those with disabilities and lived experiences.

The non-profit organisation has been set up by disability advocate Kris Foster, graduate Ella Manley, and former fintech CEO Joanne Dewar, who previously headed UK payments platform Thredd.

The project, which will consist of a 12-month disability inclusion campaign, intends to provide the fintech sector with the resources and expertise to help build a more inclusive industry.

This will be accomplished by raising awareness about the obstacles that individuals with disabilities face when entering the industry and facilitating connections between fintech leaders and people with first-hand experience of these challenges.

In addition, the project emphasises that a key element of its strategy for success involves hosting a series of workshops, branded as the Fintech Festival of Inclusion, designed to highlight and champion cases of disability inclusion within the sector.

Described by Dewar as a “massive missed opportunity for fintech”, over one in five people in the UK live with a disability, accounting for approximately £274 billion a year in spending power.

Moreover, the initiative claims there is evidence to suggest a disparity in disability employment within the UK fintech sector.

“Fintech thinks of itself as the future of financial services, and we have made great strides in streamlining, broadening reach and lowering costs. But if we ever want to truly achieve mainstream adoption beyond the digital natives, we need to ensure that our workplaces, all of our products and services fully consider accessibility,” says project head Dewar.

Source: fintechfutures.com

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