One United Properties reports sales of long-term rental properties worth EUR 52.4 million at 6.64% yield
Lidl
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 million in the last 18 months. The total GLA (gross lettable area) of these properties is 20,851 sqm (GLA) and the transactions have achieved an average yield of 6.64%. Among the properties transacted are One Herăstrău Office, the Lidl retail space at One Verdi Park, the One
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