Cordia in Hungary

„Cordia has been the market leading residential developer in Hungary for almost two decades, and is the best known and most reputable residential development brand in the country. We are grateful for the trust that over 50 institutional investors (pension funds, banks, insurance companies, funds) have placed in us, providing us with HUF 84 bn (~220 million Eur) of long-term bond financing.”

Tibor Földi, Chairman of the Board, Cordia

Cordia Hungary in numbers

• 6,000+ homes sold and completed
• 1,500+ apartments under construction
• 4,000+ homes in the pipeline

Project highlights – Grand Corvin

Grand Corvin is located on the international award-winning Corvin Promenade, Central Europe’s largest city centre regeneration project, in the iconic and completely renewed Corvin Quarter. It is the last residential complex to be built along the promenade, with a total of 558 apartments in two phases.

Cordia in Poland

„Since Cordia’s 2014 entry into Poland, we have organically grown and built strong, full-service local development teams in Warsaw, Kraków, Tricity (Gdansk, Sopot, Gdynia) and Poznan.”

Tomasz Lapinski, Country Manager of Poland, Cordia

Cordia Poland in numbers

• 2,000+ homes sold and completed
• 1,000+ apartments under construction
• 4,500+ home in the pipeline in 5 cities (Warsaw, Cracow, Gdansk, Sopot, Poznan).

Project highlights – Wilanow 2.0

The continuation of the Wilanów project, our new development, will include over 2,000 for sale and rental apartments in Warsaw. This large-scale urban regeneration project, located in a recently developed and incredibly popular residential area in the district of Wilanów, mixes residential and commercial functions, green parks, community areas and recreational facilities.

Cordia in the United Kingdom

„The UK is a key target market for Cordia’s international expansion, which is why we acquired Blackswan and invested in the affordable housing sector.”

Marcus Hawley, Country Manager of Cordia Blackswan UK, Cordia

Cordia Blackswan in numbers

Cordia entered the UK market by acquiring Blackswan Property in 2020. Cordia Blackswan has a GBP 550 million project pipeline across the West Midlands and is currently planning to build over 2,500 homes in the UK.

Project highlights – Lamp Works

Contemporary rental development reflecting the architectural heritage and context of Birmingham’s historic Jewellery Quarter with a contemporary approach. The development will contain 148 apartments with 1-3 bedrooms, a large reception & residential amenity and commercial spaces.

Cordia in Spain

„We have launched our first Spanish developments on in Fuengirola in the Costa del Sol, where 116 luxury apartments are under construction. We are also looking for opportunities to further develop our Spanish operations.”

Mauricio Mesa Gomez, Country Manager Romania & Spain, Cordia

Project highlights – Jade Tower

Jade Tower is located in the middle of Costa del Sol and houses 116 luxury apartments and penthouses. It is situated just 100m from the sea and is walking distance from Fuengirola´s town centre. The residential complex features exceptional amenities, a private spa, an indoor and outdoor pool, a gym, a cinema room, a gastro bar, a shared office and a fitness studio.

Cordia in Romania

„We aim to develop 500 apartments annually and to become the leader of the medium-high segment of the Romanian residential market in the medium-term.”

Mauricio Mesa Gomez, Country Manager Romania & Spain, Cordia

Cordia Romania in numbers

In Romania we are currently building the 469-home Parcului20. The first phase, comprising 260 energy efficient and sustainable apartments, has already been completed. Our owned and optioned land plots in Bucharest allow for the development of another 2,000 homes.

Project highlights – Parcului20

Parcului20 is among the first smart residential projects in Romania: all of its apartments are equipped with integrated state-of-the-art smart home systems. Cordia Romania develops sustainable and energy-efficient residential projects on land plots with good connections to public transportation and road infrastructure and easy access to parks and relaxation and leisure activities.

„Our investment strategy is complementary in nature to our development activities and allows us to benefit from strong rental market fundamentals. Our investments include stakes in other residential platforms, including ARGO Properties N.V., a listed residential investor in Germany, and Auxesia Homes and St. Arthur Homes, two registered providers operating in the UK and offering affordable rental and shared ownership properties.”

Balázs Hornok , CIO, Futureal Group, Western-Europe

Argo Properties N.V.

Cordia entered the German rental housing market through its investment in ARGO Properties N.V. ARGO’s shares were listed on the Tel Aviv Stock Exchange in spring 2021 and Cordia currently holds a 15%+ stake.

Auxesia Homes

An important step in our international expansion was our investment in the UK company Auxesia Homes, in collaboration with our local strategic partner Matter Real Estate. Auxesia, a registered provider of affordable housing, provides affordable homes for public sector workers under the governance of the RSH. With this investment, we will help contribute to the future development of many new homes.

St. Arthur Homes

Also in partnership with Matter Real Estate, we invested in St. Arthur Homes, which is also regulated by the Regulator of Social Housing (RSH). Based in London, St. Arthur works to help those in the housing market who need help finding affordable housing by buying and managing shared ownership homes.

Rental Portfolio

While Cordia is primarily known as a developer, the group has also been increasingly active as an investor in the international residential real estate rental sector, including the creation of build-to-rent properties.