One United Properties (BVB: ONE) has announced securing a loan for the development of One Technology District, an office and research campus designed for Infineon Technologies. This innovative center is set to become the largest research and development hub for semiconductors in Southeast Europe, with completion scheduled for 2026.
The initial loan of €28.5 million will finance the building’s construction, with an increase to €37.5 million planned upon project delivery, converting it into an investment loan. Additionally, One United Properties has accessed a €4 million VAT financing line. The loan, maturing in June 2033, was granted by Erste Group Bank AG as Agent and Initial Lender, with Banca Comercială Română acting as Collateral Agent and VAT Lender.
A Sustainable Vision for the Future
“One Technology District, an office and research campus built to the highest sustainability standards, exemplifies the local market’s appeal to global players,” stated Andrei Diaconescu, Co-CEO of One United Properties. “Developed based on cutting-edge sustainable principles, which will enable the building to operate entirely without natural gas, it stands among Europe’s most sustainable developments. This project reaffirms the potential of the national market and supports our strategy to focus on green office developments that are fully leased or pre-leased.”
The project, tailored to meet Infineon Technologies’ specific needs for the next 15 years, underscores One United Properties’ commitment to sustainability. One Technology District will be the company’s first project to completely eliminate natural gas use, significantly reducing its carbon footprint. The campus will achieve LEED Platinum certification, highlighting its superior energy performance.
Cutting-Edge Technology for Maximum Efficiency
The integrated geoexchange system will provide heating and cooling for the building, eliminating the need for conventional solutions, while rooftop solar panels will support energy autonomy. These innovations, combined with modern design and sustainable materials, place One Technology District among Europe’s most advanced and environmentally friendly developments.
The total project value is estimated at €57 million (excluding VAT), making it one of the largest pre-leased office contracts in Romania.
A Strategic Partnership for the Future
The development of this modern campus for Infineon Technologies, a company listed on the Frankfurt Stock Exchange, strengthens One United Properties’ strategy of delivering fully pre-leased green projects. Construction is already underway, and upon completion, the campus will serve as a landmark for innovation and sustainability in Southeast Europe.
One United Properties is listed on the Bucharest Stock Exchange, included in indices such as BET, STOXX, MSCI, FTSE, ROTX, and CEEplus, confirming its leadership in the local and regional real estate market.