One United Properties acquires the Eliade Tower office building in Bucharest

One United Properties acquires the Eliade Tower office building from Eurobank Greece for 9.5 million Euro.

Eliade Tower building is located on Mircea Eliade Boulevard no. 18, near the mixed-use compound One Floreasca City, developed by One United Properties on a plot of land of 2.9 ha in Bucharest. The compound has an office component – One Tower, three residential towers – One Mircea Eliade and a commercial area – One Gallery (former Ford factory).

“We are interested in opportunities for acquiring key properties for our portfolio, and our recent share capital increase allows us to do just that. Eliade Tower has a strategic location near One Floreasca City, in maybe the most desired place to be in Bucharest today. In the short term Eliade Tower will operate as an office building in our company’s office portfolio, but for the medium and long term we will analyse the optimal use of the property”, said Victor Căpitanu, co-CEO of One United Properties.

Eliade Tower building has an area of ​​approximately 10,000 square meters spread over 10 floors, it is located on a plot of 4,224 square meters, and benefits from above-ground parking. It is currently approximately 50% leased.

One United Properties’ office portfolio currently includes One Tower, One Cotroceni Park, One Victoriei Plaza, One Herăstrău Office, One North Gate and Eliade Tower and will reach a total leasable area of ​​over 150,000 sqm after the delivery of One Cotroceni Park Office Phase 2 by the end of 2022.