"The groundbreaking of Centropolitan is a defining moment for Cordia Group's presence in Romania and reflects our long-term conviction in Bucharest as one of Central and Eastern Europe's most dynamic residential markets," stated Mauricio Mesa Gomez. "We are building here a new standard for urban living in a city that continues to grow in economic weight and in the aspirations of its residents."

The ceremony follows a successful pre-sales phase, with Centropolitan achieving over 12% pre-sales of the total project, representing transactions exceeding €8 million excluding VAT. This performance stands out against a broader market that recorded a 15% year-on-year decline in residential transactions in Q1 2026. Demand was driven primarily by end-users, who accounted for approximately 80% of buyers, with 20% comprising investment-oriented purchasers.

During pre-sales, apartments were available from approximately €170,000 plus VAT for one-room units to €337,000 plus VAT for four-room apartments. The project is being developed in Sector 3, where new residential supply remains constrained compared to other Bucharest districts, with fewer large-scale developments in the pipeline.

The €65 million development will feature 274 apartments ranging from 42-156 sqm, plus 3,345 sqm of retail space and 350 sqm of resident amenities including a gastro bar, coworking space, and fitness facilities. Delivery is scheduled for Q4 2028. Cordia previously developed Parcului20, a 485-apartment project in northern Bucharest that won multiple industry awards.