Cordia is building another 366 rental homes in the UK

Cordia, part of the Futureal Group in the UK, has announced the construction of another 366 rental apartments. So it continues to expand into the UK residential property market: Cordia’s local subsidiary is building a complex of 366 rental apartments, with the company planning to build more than 1,800 homes in the region in total.

The next major milestone was the Futureal Group’s Cordia business in the UK: the Birmingham-based Cordia Blackswan, which was acquired and renamed by the company last year, has announced another major development. The company is building a 366-apartment complex in Birmingham’s Digbeth district on a nearly 8,000-square-foot plot.

Digbeth is located in the heart of the UK’s second largest city, a regenerating part of the city with a significant industrial past and is now seen as a bohemian neighborhood with a vibrant cultural, creative and diverse neighborhood.

Cordia Blackswan’s new project will create 1-, 2- and 3-bedroom homes in the two U-shaped, five- and eight-story buildings, respectively, which will be surrounded by landscaped public spaces. In addition to high-quality, private outdoor spaces – gardens, balconies – there are a number of community services, such as a concierge and a lounge.

This is not Cordia Blackswan’s first rental housing project, as the company is already making a number of developments in Birmingham’s historic Jewelery Quarter, which is still home to one of Europe’s largest jewelery communities today. Among them, The Lamp Works project will cover the construction of 148 rental apartments, and Bradford Works will be the city’s first building for young professionals based on a community housing concept, complete with quality community space and services. Not a rental housing development, but the Gothic is also being built in this district: the renovated XIX. century buildings, where a classic pub was named after the project from 1870 to the early 2000s, are Victorian-style homes with carefully restored architectural heritage features.
In addition to its Jewel Quarter program, Cordia Blackswan aims to support Birmingham’s growth and development in a broader sense: the Digbeth project marks the next step in the company’s ambitious growth plans.
Along with the development just announced, Cordia Blackswan plans to build a total of more than 1,800 homes and some 33.5 thousand square meters of retail space in the West Midlands region of the UK, where it is also actively looking for additional building plots.

Cordia is one of the largest residential real estate development and investment groups in the Central and Eastern European region, with a strong, well-known brand and presence in the middle and upper middle segment of the new housing markets in Hungary, Poland and Romania, as well as a pilot project in Spain. is also present. Cordia has recently acquired the British real estate development company Blackswan Property, the Polish residential real estate development company Polnord SA, and 15.9% of the Dutch listed company ARGO Properties NV, which is active in the German rental and urban rehabilitation market.

The Cordia Group has a history of nearly two decades and a number of international awards, including the ULI “ULI Global Awards for Excellence”, the International Property Awards, Bloomberg TV and The New York Times. He is the proud holder of the “Best Mixed Use Project in Europe” and the “Best Purpose Built Project Worldwide” (special category) awarded by the International Real Estate Association (FIABCI).


Source: Ingatlanhírek by ingatlanhirek.hu.

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