Cordia Romania, the residential division of Futureal Group, is planning to invest €50m next year on the local market. The company’s strategy is to to deliver about 500 apartments per year in Bucharest, designed for the medium and medium-high segments. Cordia focuses mainly on the northern and central-northern areas of the capital. It is currently developing Parcului20, an investment valued at €40m. Parcului20 is going up on a 15,000 sqm plot and will feature 469 apartments, 579 parking spots, bicycle parking and more than 80 storage units. The project will be delivered in two phases over three years.
