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.
Since 2006, Bálint has been involved in residential real estate development.
From 2014, he served as Real Estate Investment Manager at Tippin Corporation, and between 2014 and 2018 he acted as Real Estate Transaction Expert for Hungary’s Ministry of Foreign Affairs and Trade.
He is the co-founder and Managing Partner of the companies within Forestay Group. Since 2019, he has been a member of the Board of Directors of Forestay Fund Management Ltd., later serving as its Chief Executive Officer.
He is also a Board Member of Geneva-based Alba Investment Partners.
He serves as a Board Member of CFA Society Hungary and as Vice President of the Real Estate Developers Roundtable Association (IFK).
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.
Our objective is to create lasting, tangible value for all stakeholders involved. A core element of our working philosophy is dedication and persistence in refining even the smallest details to the highest standard. We believe that quality built on expertise, consistency, and reliable performance is the foundation of long-term business success.
Questioning the status quo and continuously rethinking and improving existing practices are fundamental to our approach. Efficiency and the adoption of new technologies play a central role across our operations, from corporate management and project delivery to day-to-day operations. We shape our business consciously and with agility, adapting to changing market demands and evolving client needs.
In our investment activities, we manage investments responsibly, with a long-term perspective, a holistic approach, and a strong commitment to integrity. In every case, we pay particular attention to economic, technical, legal, and end-user considerations alike.
Our objective is to create lasting, tangible value for all stakeholders involved. A core element of our working philosophy is dedication and persistence in refining even the smallest details to the highest standard. We believe that quality built on expertise, consistency, and reliable performance is the foundation of long-term business success.
Questioning the status quo and continuously rethinking and improving existing practices are fundamental to our approach. Efficiency and the adoption of new technologies play a central role across our operations, from corporate management and project delivery to day-to-day operations. We shape our business consciously and with agility, adapting to changing market demands and evolving client needs.
In our investment activities, we manage investments responsibly, with a long-term perspective, a holistic approach, and a strong commitment to integrity. In every case, we pay particular attention to economic, technical, legal, and end-user considerations alike.
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
Az év irodája 2024
Móricz Student Living
Az Év Kereskedelmi Fejlesztése - Döntős
Az év irodája 2021
Botos Bálint, CEO
Az Év Ingatlanpiaci Személyisége
Az év irodája 2016
Dean's Home Budapest (Milestone)
Az Év Tervezett Projektje - Vegyes Funkció kategória - Döntős
Real Estate Awards 2018
Dean's Home Budapest (Milestone)
Az Év Ingatlanfejlesztése Különdíj
Budapest Business Journal
Botos Bálint, CEO
Top 50 Real Estate Business Executives 2025
BREEAM International
Dean's Home Budapest
BREEAM In use Excellent
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.