One United Properties (ONE) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 saw EUR 60.4 million in residential transactions, covering 144 units and 243 parking/storage spaces, with a new reservations system impacting comparability to prior years.

• Demand was driven by new launches, especially One Floreasca Sunset, which reserved 36% of units within 10 days.

• The company is entering its largest delivery cycle, with a significant share of the portfolio already pre-sold, supporting accelerated launches.

Financial highlights

• EUR 410 million in contracted cash inflows expected by 2029, with EUR 17 million collected in Q1 2026.

• Headline rent from the commercial portfolio reached EUR 7.2 million in Q1 2026, up 3% year-over-year.

Outlook and guidance

• Plans to expand the sales pipeline in 2026 with new launches in Bucharest, Constanta, and Sibiu.

• Construction of 11,000 residential units and 106k sqm of commercial buildings planned on landbanked plots.