Cordia is adding more than 500 homes to its supply in three developments. Together with these new projects, there are 850 homes are available in the company’s portfolio, which means that Cordia now accounts for 15 percent of the Hungarian capital’s total new home supply. The new projects, totalling more than 44,000 sqm of gross floor area, will be developed in the 8^th, 9^th and the 11^th district. The buildings’ energy ratings will be AA, meaning that their potential energy use can be as little as a quarter of that of an average Hungarian FF-rated property.

“In the first half of the year, Cordia developed 16% of the apartments delivered in Budapest, while our company sold 9% of the new homes sold so far this year in the Hungarian capital. We are currently working on the construction of more than 1,140 apartments, and we are preparing the construction of another 4,300 homes,” said Tibor Földi, chairman of the board of Cordia International.

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