Hungary-based residential developer Cordia International Zrt. continues its international expansion strategy. After acquiring UK developer Blackswan last year, the company has announced the acquisition of a new office space in the heart of the Jewellery Quarter, Birmingham, England, which will become Cordia Blackswan’s UK headquarter. The property developer is set to refurbish and move into a former branch of Lloyds bank. The historical building will not only be home to Cordia Blackswan, but it will also offer modern office and co-working spaces.
Cordia Blackswan is going to refurbish the Victorian building, bringing it back to its former glory, while also making it a spacious and purposeful space for modern-day working. The approximately 1400 sqm complex will host six high-quality office suites, along with the former banking hall being transformed into a community working area. It also features an underground vault from its time as a bank, that Cordia Blackswan plans to incorporate into the renovation as a design function.
Cordia Blackswan has been operating in Birmingham for over a decade under the name Blackswan Property and it was acquired last year by a leading European property developer Cordia International Zrt. as part of their long-term international growth strategy.