CC@ONE Properties Invest AG, an internationally active private equity investment firm, has successfully completed a private placement of a senior secured debt note of EUR 50 million. The company was founded by CC Trust AG, a globally active family office owned by the Swiss entrepreneur Claudio Cisullo, and One United Properties SA, one of the leading real estate developers in Romania founded by the Romanian entrepreneurs Victor Căpitanu and Andrei Diaconescu, to raise international funds for the development of premium, sustainable projects by One United Properties in Romania.
The issuance was a major step of CC@One Properties Invest AG following its inception in late 2020 with the mandate to gradually raise up to EUR 500 million in the upcoming years. The proceeds of the issuance will be invested in early-stage sustainable residential real estate developments by One United Properties in Romania, which remains one of Europe’s fastest growing economies and with a strong post-covid recovery, including a projected GDP growth of 7% in 2021, according to current data of the International Monetary Fund.
Claudio Cisullo (photo), Chairman of the Board of Directors of CC@One Properties Invest and Chairman of the Board of Directors of One United Properties: “We were pleased to receive subscriptions from 22 Swiss and international investors and to close our first fundraising with such success. This is the ultimate confirmation of trust in the abilities of One United Properties and in our newly established investment firm, which provides direct access to a dynamically growing European market as well as a sustainable investment opportunity in real, premium assets.”
Victor Căpitanu, Co-founder of One United Properties: “The successful closing of this investment confirms not only the great potential of Romania’s sustainable real estate market, but the trust of international investors in our company and their acknowledgement for our brand as well. We are happy to accelerate the development plans for our residential projects with these funds.”
The issuing entity is a fully owned subsidiary registered with the Luxembourg Stock Exchange and the emitted note is registered with Euroclear and Clearstream.