65 million euro investment in central Bucharest
- Developer Cordia Romania will invest about 65 million euro in the Centropolitan residential project in central Bucharest. - The project is developed by Budapest-based Futureal Group and targets urban housing demand near Bucharest's centre. - Construction financing and timelines were outlined in announcements, signaling continued residential growth in the city (seenews.com).
Cordia Romania said it will invest about 65 million euro in Centropolitan, a 274-apartment project now under construction in central Bucharest. (seenews.com) The company announced the investment on April 22, 2026. Cordia is part of Budapest-based Futureal Group, and the project sits next to Bucharest Mall, near Alba Iulia Square. (seenews.com) (cordiahomes.com) Cordia said Centropolitan is being built on an 8,179 square metre plot and will include 3,345 square metres of retail space alongside the apartments. The company also said the scheme already has a final building permit and construction has started. (cordiahomes.com) The project adds new supply in a part of Bucharest where developers have pushed fewer large residential schemes than in the city’s outer districts. Cordia’s marketing for the site stresses quick access to public transport and daily services in a dense inner-city area. (cordia.ro) (cordiahomes.com) That timing lands as Romania’s housing market is shifting. Colliers said national residential supply fell in 2025 to its lowest level since 2017, while Bucharest and the surrounding Ilfov area still posted a modest increase in deliveries. (market-report.colliers.ro) Cordia has already built at scale in Bucharest. On its Romania market page, the developer says it handed over the 485-apartment Parcului 20 project in the Expoziției area and is preparing further developments in the capital. (cordiahomes.com) Mauricio Mesa Gomez, chairman of the boards of Cordia Romania and Spain, said in a February 12, 2026 interview that the company spent 2025 adapting to “increased fiscal and regulatory uncertainty” in Romania while moving this central Bucharest site into execution. (brec.ro) The next step is construction and sales at Centropolitan, with Cordia now tying a specific investment figure to a project it began publicly rolling out in January. (cordiahomes.com) (seenews.com)
