About NEO Properties Development
One United Properties, the leading real estate developer of high-end residential compounds in Bucharest, Romania, announces a new division, NEO. The new business division focuses on residential projects smaller than One United complexes – 4-6 floor buildings or 2.000-3.000 square meters areas – but at the same top standards.
NEO, the new residential division, will be operated by Octavian Avrămoiu and Cătălin Scripcaru, both 30% partners in the new project along with One United Properties. NEO will develop residential compounds in Bucharest, as well as at the Romanian seaside.
NEO division is part of One United Properties long term business strategy and represents a residential project that will align with the company’s exclusivist high-end standards. This new division will target a roughly unexploited market and will develop small but exclusivist residential projects.