Cordia starts new resi investment in Bucharest

Business Forum
Cordia Romania, a member of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest from Bog'Art Place and has begun construction on Centropolitan, a residential project featuring 274 apartments and 3,345 sqm of integrated retail space.

"Romania is one of Cordia Group's key European markets, and this acquisition represents a strategic step in consolidating our local portfolio while showcasing our long-term confidence in Bucharest's residential sector," said Mauricio Mesa Gomez, Chairman of the Boards Cordia Romania and Spain. 

The transaction was completed in September 2025, with Cordia Romania represented by Crosspoint Real Estate and law firm Stratulat Albulescu.

Centropolitan will offer apartments ranging from one to five rooms, with surfaces from 42 to 156 sqm, complemented by terraces. The development includes approximately 350 sqm of amenities including a residents' lounge, gastro bar, coworking hub, and fitness and yoga areas.

The project embodies the "10-minute city" concept, with Bucharest Mall one minute away, Alba Iulia Square at three minutes, and Unirii Square reachable within ten minutes. Cordia previously developed a 485-apartment project in northern Bucharest.

RECOMMENDED
Cordia buys land in northern Bucharest
Real estate

Cordia buys land in northern Bucharest

Spanish investment fund Buenavista Equity Partners, formerly GED Capital, has entered into a sale transaction with real estate developer Cordia, owned by Hungarian millionaires Péter and Gábor Futó. The deal involves land located in the Pipera, near northern Bucharest.

Bucharest grapples with decline in resi permits and completions
Real estate

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  12 March, 2026 at 7:00 PM
Business Forum  |  12 March, 2026 at 5:30 PM