Latest News

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

Published

8 months ago

April 18, 2024

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.

Photo: https://mma.prnewswire.com/media/2390197/One_United_Properties.jpg
Logo: https://mma.prnewswire.com/media/2335791/One_United_Properties_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/one-united-properties-unveils-one-2030—strategic-vision-to-transform-the-bucharest-real-estate-market-302119914.html

Latest News

COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches

Published

5 months ago

August 7, 2024

CISION (PR Newswire)

HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.

Launch of Physical Cards

COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.

Wallet Growth Milestone

The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.

Transaction Volume Surge

In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.

Integration with Revolut

COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.

Award Recognition

COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.

New Strategic Partnerships

COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.

Welcoming Pavel Matveev

COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.

Season 2 Point System Launch

Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.

NFT Giveaway

In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.

For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.

Website: coca.xyz

COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

Photo – https://mma.prnewswire.com/media/2477245/COCA_Q2_2024.jpg
Logo – https://mma.prnewswire.com/media/2338075/4848605/COCA_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/coca-celebrates-q2-2024-with-record-breaking-milestones-and-new-launches-302216619.html

Latest News

Stake and Earn with KuCoin’s Innovative GemPool Platform

Published

5 months ago

August 7, 2024

CISION (PR Newswire)

VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.

GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.

Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.

For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/stake-and-earn-with-kucoins-innovative-gempool-platform-302216471.html

Latest News

Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning

Published

5 months ago

August 7, 2024

CISION (PR Newswire)

DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.

Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.

In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.

On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”

Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”

Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.