Cordia Zrt., based at 47-53 Futó Street in Budapest, is one of Hungary’s largest privately-owned residential real estate developers, with substantial operations across Central and Eastern Europe. The company was formally established as an independent entity in 2016, after being spun out of the Futureal Group—a firm with a real estate legacy that traces back to the early 2000s. Cordia’s ultimate ownership remains with the Futó family, led by Gábor Futó.
Since its founding, Cordia has focused on developing and selling residential units, primarily apartments, to individual buyers. Its market strength lies in the mid and upper-middle segment, and over the past two decades, Cordia and its predecessor have been involved in over 10% of new residential builds annually in Budapest, amounting to thousands of units delivered each year. The group has also expanded to Poland, Romania, Spain, and the UK, often through strategic acquisitions such as the purchase of a controlling stake in Poland’s Polnord.
As of 2023, Cordia reports more than 10,000 apartments sold and over 2,500 homes under construction. Landmark Budapest projects include Marina Life and Kapás 21, both recognized with national awards. The company is also active in build-to-rent and real estate investment, and its business model emphasizes diversified geographic risk.
Cordia International Zrt. operates with strong capitalization, a full-service approach, and ambitions for continued growth across European urban residential markets.