ARTICLES LABELLED WITH TAG Cordia

In 2023, Cordia International sold its 10,000th apartment, a result of nearly two decades of operation. The Hungarian property developer is now planning a major new urban regeneration project in Budapest.

Property developer Cordia Romania, part of Futureal group, says it has obtained the occupancy permit for the second phase of Parcului20, its residential complex based in northern Bucharest. 

This is the first luxurious residential real estate project of the Hungarian developer in Spain. At the same time, the company announced a second project on the Costa del Sol.

The Hungarian property developer is putting 500 more homes up for sale in the centre and the green belt of the capital. 

Hungarian residential developer Cordia, a subsidiary of Futureal Group, will soon launch a new large-scale district renewal development in Budapest. 

The i6 Residence is near Central Europe's largest urban regeneration development area, the Corvin Promenade and is scheduled to be handed over in 2024.

Cordia has begun its latest large scale urban regeneration project, the revitalization of the site of the former Modena garment factory in Poznań, Poland. 

Responding to the extremely buoyant demand, Hungarian residential property developer Cordia is adding more than 300 new homes to its supply by the end of the year. This move will increase the number of new homes available in Budapest's 8th district by a third, while in the 1st district the company's development will essentially represent the entire new home supply. The company, a member of the Futureal Group, will have a record year this year, delivering around 50% more homes than last year and tripling the number of apartments sold.

Hungary-based residential property developer Cordia is continuing its expansion in the UK residential property market. Its local subsidiary is building a complex of 366 rental apartments, bringing the total number of homes planned for the West Midlands region to over 1,800.

Michał Melaniuk, Head of Residential Development Poland at Cordia and President of the Board at Polnord SA shared with Property Forum his insights on the current situation in the residential markets of Poland and Hungary.