Co-Founder / Chairman
50% owner of Futureal’s Hungarian operations
75% owner of Futureal’s International operations
Gábor Futó co-founded Futureal group with his father, Péter Futó after returning from his studies at Harvard University 15 years ago. He has been leading the group since it’s foundation as CEO and Chairman, responsible for it’s strategy, growth and it’s transactions. Futureal is currently active in 5 countries: Hungary, Poland, Romania, Germany and the USA with co-investment exposure to several other countries.
Under his leadership, Futureal has become one of the top 20 developers in Europe with finished projects of 900 million Euros. Since 2003, Futureal has grown its project pipeline more than 100 folds from 15 million Euros to 1.6 billion Euros and its professional head-count from 2 to 170. Futureal has sold properties worth 600 million Euros, entered into several joint ventures with leading institutional and private investors and has received numerous awards for it’s projects.
Futureal develops Corvin Promenade, the largest urban regeneration project in CEE, several office and shopping center projects in Hungary, Poland and Romania and has also founded a residential subsidiary, Cordia, which has become Hungary’s market leading residential developer and has also entered the Polish and Romanian markets.
Gábor Futó was previously chairman and co-founder of Finext Fund Management Ltd., an independent specialty fund management business. The company issued Hungary’s best performing real estate fund, the first stock exchange listed property fund and has issued the first endowment fund in Hungary, which has become one of the best performing funds of the last 7 years.
Gábor Futó was CEO of IBH Ltd., a Hungarian private equity company involved in buyout and investment deals, at the moment he is a co-owner of Finext Startup Venture Capital Fund Management Ltd.
Previous gold medalist of the International Mathematical Olympiad, Gábor Futó received his MSc in Mathematics from Eötvös Loránd University, Budapest in 1999, his MBA form London Business School – BUES Program and has been visiting fellow in 1998, 2000 and 2001 at Harvard University (Economics PhD Program) and Harvard Business School (MBA Program).