Neo Timpuri Noi has been granted building permit


Neo Timpuri Noi has been granted building permit for a mixed compound - commercial and residential building (S + G + 8 floors) and has already begun work on site.

Situated on a 3835 sqm intravilan land, in the 3rd sector of Bucharest, Neo Timpuri Noi will have 8 floors: 108 dwelling units (65 two-room apartments, 31 three-room apartments, 12 4-room apartments), commercial spaces and underground and exterior parking.

This compound will benefit from an elegant contemporary design with high quality finishes, plus the advantages of green buildings: One United Properties has already taken the Green Homes certification steps, a feature of all of the company's projects. Neo Timpuri Noi aims at aligning with the standards that One United Properties is constantly promoting and applying: sustainable materials, energy efficient systems and installations with low pollution, better indoor environment quality, superior energy efficiency of the building, waste sorting on the construction site, everything made to the highest standards.

NEO Division developed by One United Properties, the leading player on the exclusive residential property market in Bucharest, focuses on exclusive residential projects of smaller size than the units developed under One brand, such as 4-8 floors building blocks or land-based buildings of 2,000-3,000 square meters, all made to the same high quality standards.

NEO real estate division portfolio includes residential complexes in Bucharest as well as at the seaside. The company was established in August 2017 and has already acquired the first three locations: NEO Floreasca Lake, NEO Timpuri Noi and NEO Mamaia. NEO Mamaia has already received building permits, construction work started in October last year and will reach street level at the beginning of this year.

NEO division is part of One United Properties long-term development strategy and it is a project that aligns with the company’s exclusive residential portfolio standards. This business line aims to capitalize on the potential of a relatively unexploited segment so far and to develop smaller but equally exclusive real estate projects.


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