Saturday, 10 May 2025
One United Properties reported a turnover of RON 1.4 billion for 2024, down 7% compared to the previous year, and a net profit of RON 381 million, down 15% year-on-year.
Revenues from the residential segment amounted to RON 1.1 billion, registering a decrease of 2% compared to the previous year, as more and more projects moved into the later phases of construction, where revenues are gradually recognized.
In parallel, net income from residential properties increased by 6% compared to the previous year, reaching RON 324.1 million, reflecting higher sales margins, as developments advance and sales prices increase, which translated into a higher net margin on residential sales – from 26.9% in 2023 to 29.2% in 2024.
In the period January-December 2024, rental income, which includes both commercial income and tenant services, increased by 18% compared to the previous year, reaching RON 151.4 million.
Net rental income increased by 25% compared to the previous year, reaching RON 102.9 million, reflecting a higher occupancy rate and strong demand from tenants.
In 2025, One United Properties estimates the delivery of 2,300 units, making this the most ambitious year of deliveries in the company’s history.
