Cordia Plans €140mn Property Project

  • 14 Feb 2017 6:10 AM
Cordia Plans €140mn Property Project
Cordia, a residential property company within the Futureal group, has bought the remaining construction sites in the Sasad Resort in Budapest’s 11th District from GTC Magyarország, paying €9.6 million.

Cordia will invest €140 million in total in six phases by 2021 to build 850 apartments, in addition to the 250 existing on the site.

The new homes will be built on seven hectares, of which five will be green space.

Source: Hungary Around the Clock

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