ARTICLES LABELLED WITH TAG Cordia

News Cordia introduces online home-buying process
08
Apr
2020

Cordia introduces online home-buying process

by Property Forum
Hungarian residential developer Cordia is introducing a new, secure, online service that covers the entire home buying process, including virtual viewing and remote contract signing.
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News Hungary’s Cordia to enter Germany’s residential market
27
Mar
2020

Hungary’s Cordia to enter Germany’s residential market

by Property Forum
Cordia International is continuing its international expansion. Following Romania, Poland and Spain, the developer is entering the German rental housing market through the acquisition of a 20.6% stake in ARGO Properties N.V. for €34.4 million.
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News Futureal to donate €700,000 to fight against COVID-19
24
Mar
2020

Futureal to donate €700,000 to fight against COVID-19

by Property Forum
Hungary-based developers Futureal Group and Cordia have decided to donate €700,000 (HUF 250 million) to the fight against COVID-19. The directors of the company will decide on the usage of the funds shortly,
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News Cordia aims to buy remaining stake in Polnord
20
Feb
2020

Cordia aims to buy remaining stake in Polnord

by Property Forum
Cordia International announced a public tender offer on 14 February 2020 to buy the remaining approximately 34.34% of the shares in Polnord S.A., which is not owned by Cordia International currently.
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News Cordia finalises purchase of a majority stake in Polnord
12
Feb
2020

Cordia finalises purchase of a majority stake in Polnord

by Property Forum
Cordia has successfully acquired 63.7 million shares of Polnord, one of the largest development companies in Poland. Transaction worth €31.7 million provided the Hungarian founded developer with a control stock of shares exceeding 65% in the increased capital.
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News Cordia conducts over €133 million bond issue
08
Nov
2019

Cordia conducts over €133 million bond issue

by Property Forum
Hungarian residential developer Cordia  has carried out a successful bond issue on 5 November (Cordia 2026/I). The financial settlement date is 7 November 2019, the maturity is 7 November 2026. The offered volume was HUF 40 billion at face value which attracted HUF 53.55 billion in bids. The amount of funds raised is HUF 44.4 billion.
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News Cordia plans further expansion in Poland
10
Oct
2019

Cordia plans further expansion in Poland

by Property Forum
Cordia continues to expand in Poland: after Warsaw, Krakow and Gdansk, Hungary’s leading apartment developer has entered the market of Sopot, the seaside resort as well, planning to build on the street named after the Polish-Hungarian Friendship Day. With this, the company – having already completed more than 1000 apartments – plans to build some 2600 additional homes across 17 projects in the promising market of the four Polish cities over the following four years.
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News Cordia plans further expansion in CEE
19
Sep
2019

Cordia plans further expansion in CEE

by Property Forum
Cordia is now increasing its capital exports and foreign investments. In addition to the Romanian and Polish market, the company also has presence in Spain with a pilot project. All of this fits into Cordia’s strategy to become a dominant property developer at European level, while maintaining Hungary's key role in the company’s operation.
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News Cordia builds high-rise building in Warsaw
16
Sep
2019

Cordia builds high-rise building in Warsaw

by Property Forum
Cordia, a major player in the Hungarian market owning numerous property developments in Romania and in three Polish cities, has started construction of its tallest residential property ever in Warsaw. Being built on the shore of Vistula river, the 164-apartment premium-class building offers easy access to any part of the Polish capital.
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News Cordia concludes loan agreements worth €87 million
02
May
2019

Cordia concludes loan agreements worth €87 million

by Property Forum
Following the financing agreements worth €51 million announced in January, Hungarian residential property developer, Cordia has signed further loan agreements worth €86.6 million. Futureal Group’s subsidiary has concluded the recent contracts with OTP Bank, Takarék Group and Sberbank in order to finance its 5 residential property projects in Budapest.
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Latest news


New leases

  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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