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Wednesday | January 27 | 2021

Cordia Romania starts construction works on Parcului20 phase two

Cordia Romania has started construction works on the second phase of Parcului20 residential project in Expoziției area, North Bucharest.

The company commissioned the project`s first phase and started the sales for Parcului20 phase two in September 2020.

Construction company Concelex, which built Parcului20 phase one, was appointed as general contractor for the project`s second phase, following a tender in which four other construction companies participated.

Parcului20 is among the first smart residential projects in Romania, all its apartments being equipped with integrated state-of-the-art smart home systems.

The total investment for Parcului20 residential project amounts to EUR 40 million euro.

In addition, Cordia Romania has an investment plan for developing residential projects on five already acquired land-plots in Central-North Bucharest, generating a 2,000 apartments pipeline on medium term.

Moreover, Cordia Romania has an investment budget worth EUR 40 mil. for acquiring land-plots in Bucharest.

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