Forestay Fund Management Plc., a member of the Forestay group of companies, offers professional real estate investment opportunities to domestic and international investors who are looking for sustainable, balanced returns in the long term, even in a changing economic environment.
Our expert team has comprehensive market knowledge and many years of experience in the fields of real estate development, project management and operation. We base investment decisions on thorough analyses and pay special attention to value stability and future growth potential. Our funds invest in properties that generate stable income in the long term. Our advantage lies in recognizing those narrower market segments where our professional knowledge provides a real competitive advantage.
Bálint has been actively engaged in the development of residential properties since 2006, bringing nearly two decades of expertise to the field.
From 2014, he served as Real Estate Investment Manager at Tippin Corporation and concurrently held the role of International Expert at the Ministry of Foreign Affairs from 2014 to 2018.
As Co-Founder and Managing Partner of the Forestay Group of companies, he has been Chairman of the Board at Rigg Wealth Management Zrt. since 2011. His notable achievements include serving as Development Co-Manager for Dean's Home Budapest, one of Central Europe’s first and largest private student hotels with 418 rooms, as well as leading the project team for the Marriott Moxy Budapest Downtown Hotel.
He is also a board member of the CFA Society Hungary and an active member of RICS Society Hungary, reflecting his commitment to professional excellence and industry standards.
Péter began his career in 2005 as a Portfolio Manager at Siemens Real Estate in Munich, where he gained significant expertise in property management and investment.
In 2007, he transitioned to the role of Development Manager at Tippin Corporation, overseeing key projects across Hungary, Germany, and Georgia.
As a member of Rigg Wealth Management Ltd. and Co-Founder and Managing Partner of the Forestay Group of companies, he has played a pivotal role in several landmark developments. Notably, he serves as Development Co-Manager of Dean's Home Budapest, a 418-room property and one of the largest private student hotels in Central Europe, and leads the project team for the Marriott Moxy Budapest Downtown.
He is a member of both the RICS Society Hungary and the Hungarian Chamber of Architects, underscoring his commitment to professional excellence and industry leadership.
Janus Pannonius University – Economist BSc
Miklós brings over 20 years of expertise in fund management, asset management, and insurance, with a distinguished career that includes roles as a bond investor, investment director, and front office manager.
Currently, he is a key member of the Forestay Fund Management Zrt. team, where he oversees and ensures the seamless operation of the company's activities, contributing his extensive knowledge and leadership to its continued success.
We are looking for projects that, by exploiting a market niche, can be strongly distinguished from other market participants. These projects require more analysis and more attention, but due to their uniqueness in the market, they gain a more stable income. We question the more widely used standards, and if we find a better one, we stand up for our own ideas.
It is important to us that the return is not created by increasing the risk, but by invested work and added value. We manage investments holistically, taking into account, among other things, economic, technical, legal and user aspects.
We believe in a partnership where we can share the success together with the investment partners, thereby creating a long-term relationship. In the spirit of this, we create investment schemes, which we adapt according to the environment and customer needs.
Questioning the status quo, constantly rethinking and improving the existing state is our fundamental goal. Efficiency, the introduction of new technologies, new both in the field of corporate management and in the field of implementation or operation are given a particularly important role.
One of the foundations of our work philosophy is steadfast, persistent work in the ideal development of even the smallest details. We face challenges with humility and proceed carefully in the search for solutions.
We are looking for projects that, by exploiting a market niche, can be strongly distinguished from other market participants. These projects require more analysis and more attention, but due to their uniqueness in the market, they gain a more stable income. We question the more widely used standards, and if we find a better one, we stand up for our own ideas.
It is important to us that the return is not created by increasing the risk, but by invested work and added value. We manage investments holistically, taking into account, among other things, economic, technical, legal and user aspects.
We believe in a partnership where we can share the success together with the investment partners, thereby creating a long-term relationship. In the spirit of this, we create investment schemes, which we adapt according to the environment and customer needs.
Questioning the status quo, constantly rethinking and improving the existing state is our fundamental goal. Efficiency, the introduction of new technologies, new both in the field of corporate management and in the field of implementation or operation are given a particularly important role.
One of the foundations of our work philosophy is steadfast, persistent work in the ideal development of even the smallest details. We face challenges with humility and proceed carefully in the search for solutions.
The professional team of the Forestay Fund Management constantly follows international trends, macroeconomic events and the development of the real estate market. In domestic terms, it provides excellent knowledge of the investment strategy of international real estate companies and the investment opportunities in them.
1. Dynamically growing asset portfolio
Forestay Asset Management has shown continuous and sustainable growth in recent years, as a result of which the asset portfolio under management significantly exceeded the average of domestic real estate fund managers. The strategy based on rental housing and student accommodation portfolios has become particularly attractive to long-term institutional and private investors who are looking for predictable returns and low volatility.
2. Competitive return performance
The return on the portfolios managed by Forestay has consistently exceeded inflation and the performance of several traditional investment vehicles – such as government securities or money market funds. The average annual return of the funds has ranged between 6–9% in the recent period, which combines the advantages of direct real estate market exposure with the security of institutional asset management.
3. Diversification advantage in the market
Forestay has a unique focus on residential and student accommodation investments, which are less correlated with economic volatility than other commercial properties due to their independence from macroeconomic cycles. This has enabled their portfolios to perform well even in more challenging times when traditional asset classes have underperformed.
4. Innovation and transparent operation
The Fund Manager pays special attention to transparency and regular and detailed information to investors. Through digital reporting systems and open communication, Forestay clients receive an accurate picture of their portfolio performance and risk profile. In addition, the Fund Manager actively seeks to explore new, sustainable investment opportunities, with particular attention to ESG aspects.
5. Recognition in professional circles
Forestay Fund Manager has become an indispensable player in the Hungarian real estate market in recent times. It has received numerous awards and recognitions thanks to its active presence at professional events, its innovative product range and its consistent performance, while positioning itself as a reliable partner among both investors and industry players.
CRE Awards 2024
Móricz Student Living
Residential Project of the Year
Real Estate Awards
Marriott Moxy Budapest Downtown
Az Év Tervezett Hotel Fejlesztése 2024
Portfolio Property Awards 2023
Marriott Moxy Budapest Downtown
Concept of the Year Prize
DGNB ÖGNI - Österreichische Gesellschaft für Nachhaltige Immobilienwirtschaft - 2019
MILESTONE Budapest Semmelweis
Gold Certificate
Portfolio Property Awards 2023
Dean's Home Budapest
Community Space of the Year
Are you ready to shape the future of real estate and investments with us? We believe that knowledge and experience are the cornerstones of success, so we are constantly looking for new talents who share our passion for innovation and development. We welcome the application of such specialists at any time.