One United Properties halts sale of Bucharest office building One Tower due to lack of bids

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• 01One Tower is located on Calea Floreasca in Bucharest and is operated through One United Tower SRL, in which One United Properties holds a 71.46% stake.
• 02One United Properties halts sale of Bucharest office building One Tower due to lack of bids.
• 03Romanian real estate developer One United Properties (BVB: ONE) has halted the sale process for its One Tower office building in Bucharest after failing to find a buyer willing to meet its target price, co-founder Victor Căpitanu said on August 27, as reported by Ziarul Financiar. “For now, there is no sale of One Tower.
• 04The company announced in 2025 that it had received approval to begin negotiations for the sale of its stake in the subsidiary operating the office building.
• 05So we have decided that it is better, for now, for the shareholders to keep this asset,” Căpitanu reportedly said during a teleconference with investors.
• 06We have not been able to find a buyer at the price we are looking for.
• 07The decision to retain the property means the company will continue to hold its interest in the office asset while market conditions and potential sale opportunities are reassessed. iulian@romania-insider.com (Photo source: the company).