Metropolitan Life Private Pensions increases its shareholding in One United Properties

by   CIJ News iDesk V
2023-09-12   10:11

The privately managed pension fund Metropolitan Life Private Pensions, has increased its holding in the real estate developer One United Properties by purchasing shares of about RON 4.2 million.

As of July 2023, Metropolitan Life Private Pensions had investments of RON 39 million in One United Properties, or a 1.1 percent stake in the entrepreneurial company. About 1.1 million Romanian employees are participants of Metropolitan. The fund has assets of RON 16 billion.

One United Properties has a market capitalization of RON 3.8 billion. In 2023 the shares are plus 6 percent.