Forestay Fund Management - a company specialising in real estate investments and real estate funds. As a member of the Forestay Group, it provides real estate investment opportunities for institutional and private investors.
Thanks to the synergies inherent in the Forestay Group, the Fund Manager is particularly efficient in creating an operating model that ensures a stable yield for the properties owned by the funds, in the implementation of real estate developments, construction, project management, and in the operation of the properties. Thanks to its extensive experience in the real estate market, its team of professional analysts is capable of in-depth analysis in the search for and implementation of real estate investments.
Forestay Fund Management makes its direct investments primarily in the domestic real estate market, focusing on niche sectors where its expertise has an advantage over larger institutional capital. These markets require more analysis, but result in stability and greater profit potential. Through this invested work, the Fund Manager is able to provide consistent results even in changing market conditions.
He 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.
He 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.
Forestay Fund Management is the first to offer an actual diversification tool on the Hungarian market. In contrast to most offices, logistics and other commercial units, rental apartment investment and within that student accommodation is one of the best diversification product, because the GDP correlation of these properties is significantly lower than that of other commercial properties.
In the proposed investment structures, investors obtain returns and exposure similar to direct real estate investments, but with lower risk due to the benefits provided by professional management.
Portfolio Property Awards 2023
Marriott Moxy Budapest Downtown
Concept of the Year Prize
Portfolio Property Awards 2023
Dean's Home Budapest
Az év közösségi tere
CRE Awards 2024
Móricz Student Living
Residential Project of the year
Portfolio Property Awards 2023
Marriott Moxy Budapest Downtown
Concept of the Year Prize
Portfolio Property Awards 2023
Dean's Home Budapest
Az év közösségi tere
CRE Awards 2024
Móricz Student Living
Residential Project 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.