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Cordia increased its stake in Polnord above 90%

28/04/2020

Cordia increased its stake in Polnord above 90%

28/04/2020

Cordia raised its stake in Polish real estate developer Polnord S.A. from 65,66% to 92,92% in a tender offer. “Poland is a key market for our group, that’s why we decided to invest here a part of assets raised Cordia’s first bond issue within the Bond Funding for Growth Scheme of National Bank of Hungary” – says said Tibor Földi, chairman of the board of Cordia.