One Tower

One United Properties posts a consolidated turnover of 306.6 million euros and a gross profit of 105.9 million euros in 2023

Retrieved on: 
Tuesday, February 27, 2024
AFI Cotroceni, Real estate, Growth, Infineon Technologies, Howell Township, New Jersey, IRR, One Tower, Policy, GDV, BET, BVB, Bucharest Stock Exchange, Security (finance)

The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor's bargain purchase of 19.1 million euros recognized in 2022.

Key Points: 
  • The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor's bargain purchase of 19.1 million euros recognized in 2022.
  • The net profit amounted to 89.6 million euros, an increase of 8% compared to 2022, excluding the one-off.
  • Revenues from the residential segment reached 226.9 million euros in 2023, a 45% year-on-year increase driven by a diverse residential offering.
  • Based on the contracts signed with clients as of December 31st, 2023, One United Properties expects additional cash inflows of 295 million euros by 2025.

Formidium Opens State-Of-The-Art Workspace at the GIFT City in Ahmedabad, India

Retrieved on: 
Monday, August 14, 2023
Financial services, Sardar Vallabhbhai Patel International Airport, Creativity, City, One Tower, Entrepreneurship, Ecosystem, STPI, Airline, Retail, GIFT City

DOWNERS GROVE, Ill., Aug. 14, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has opened its newest workspace at Gujarat International Finance Tech-City, popularly known as GIFT City in Ahmedabad, India.

Key Points: 
  • DOWNERS GROVE, Ill., Aug. 14, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has opened its newest workspace at Gujarat International Finance Tech-City, popularly known as GIFT City in Ahmedabad, India.
  • The new office is located at STPI, 9th Floor, GIFT One Tower, GIFT City, Gandhinagar-382355, 12km from Ahmedabad International Airport.
  • GIFT City presents an unprecedented ecosystem for crucial economic activities, offering globally benchmarked regulations, taxation, policies, and more.
  • "We're overjoyed, proud, and absolutely thrilled to announce the opening of our brand-new, dynamic, office at the GIFT City in Ahmedabad!