- Cordia Romania sold over 90% of the 485 apartments in Parcului20, both to end-users and investors who buy to rent
Cordia Romania, a member company of the Futureal group, announces that it has obtained the occupancy permit for the second phase of Parcului20, the residential project developed in Expoziției area in northern Bucharest.
„Obtaining the occupancy permit for Parcului20’s second phase represents, for Cordia Romania, the achievement of an important milestone. The project’s success regarding sales, both in the ranks of end-users and portfolio investors, showed us that the way in which we developed this project, sustainable and focused on the requirements of buyers and the local community, was perfectly adapted to the evolution of the residential market in Bucharest over the past four years”, said Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain. „An important percentage of the apartments were sold to portfolio investors, who buy to rent, especially during 2022, when inflation rose significantly, and this demonstrates that we brought on the market a residential product which generates a good return on investment and preserves the value of money. We are now preparing our new residential projects in Bucharest, which we will develop according to the same principles of sustainability, energy efficiency and care for residents and communities. ”
Parcului20 was the first project launched in the area and essentially contributed to the local community’s development. The residents have at their disposal many facilities, such as integrated smart home systems, charging stations for electric vehicles, bicycle parking spaces. A private garden will soon be arranged for the residents’ exclusive use, a playground refurbished by Cordia Romania in partnership with local authorities is nearby and Herăstrău park is a 10-minutes bike ride away from Parcului20.
Cordia Romania develops residential projects in line with the Futureal Group’s values, centered around well-being, energy efficiency and community development, and is currently analyzing which plots in the company’s portfolio to develop next, depending on the evolution of the urban regulations. As a member of the Futureal Group, Cordia is committed to urban regeneration and improving the urban fabric.
About Cordia
Cordia is one of the largest residential real estate development and investment corporate group in the Central and Eastern European region with a strong and well-known brand and presence in the mid- and mid-to-high segments of the for-sale market in Hungary, in Poland, Romania, while also undertaking a pilot project in Spain. Cordia is also active on the UK market, through Blackswan Property. Cordia Group has a 20 years track record and is proud bearer of multiple international awards, including: “ULI Global Awards for Excellence” from ULI, “Best Mixed-Use Project in Europe” International Property Awards, Bloomberg TV, The New York Times, “Best Purpose-Built Project Worldwide” by International Real Estate Federation (FIABCI)”.
Above you will find a visual representation of the article’s content, an automatic classification and a summary of it! Collecting data this way aims to promote and facilitate the access to information in compliance with intellectual property rights, and according to the terms and conditions of the source. (www.nineoclock.ro).

