Darida Pál

Current Management Position

Director of Financing and Transactions

Details

Pál Darida is the financing and acquisitions director of Futureal Group. He joined the Group in 2005 since then he organized more than EUR 300 million financing for the Group in the region, Futureal became the largest and most active real estate developer in Hungary.

He has close contacts almost all leading Hungarian banks, which helped to build up the Group’s significant financing contacts supporting the development activity. Under his leadership several successful acquisitions and joint venture cooperations were realized during the last three years. From 2009 he has been named as the project director of Cordia Romania’s residential project in Bucharest, Romania. He is the CEO of Futureal Fund Management Ltd. which manages the most successful real estate fund, the Futureal 1 Investment Fund.

The Fund achieves the highest yield on the Hungarian market among the real estate funds since several years. Before joining to Futureal he was the head of the real estate project financing department in CIB Bank. Under his leadership the residential project financing had been introduced to the market, and CIB became the largest player on that market. At that time CIB doubled in each year its real estate portfolio and became a leading financer in Hungary in the real estate sector.

Previously, he worked at Takarékbank at the corporate financing department, and during his university studies he became a board member of the largest Hungarian student job company, called Universitas-Melódiák. In 1999 he received his MSc graduation at BUES.

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Futureal Group the founder member of IFK