Dean's Home Budapest is one of the first and largest private student accommodation in Central Europe in the immediate vicinity of Semmelweis University. The uniqueness of the building is given by the hybrid operation, during which the use of the 418 single-person residential units with their own kitchens and bathrooms changes dynamically between students and hotel guests. This operating model generates stability and high returns at the same time.
The extraordinary market power of the project is partly due to the low rental housing in Budapest, which made it possible for the building to achieve a nearly 100% increase in income even in the turbulent period between 2019 and 2023. The fund provides investors with the highest diversification effect among domestic real estate funds.
*The historical return data presented does not constitute a promise of future returns; it is not possible to draw clear and reliable conclusions regarding future prices, returns, or performance based on past trends in returns or other data.
** The Fund Manager is entitled to unilaterally extend the term, without the approval of the Investors, no more than once, by up to an additional 12 months.
This document does not constitute an offer, investment advice, or a solicitation to subscribe for or purchase any securities. The historical return data presented does not constitute a promise of future returns; it is not possible to draw clear and reliable conclusions regarding future prices, returns, or performance based on past trends in returns or other data. Please note that this document, which constitutes marketing material, is not intended to solicit investors but solely to present the activities of Forestay Alapkezelő Zrt.
Size 418 rooms, 15 600 sqm
Handover 2020
Value 50+ million EUR
Exp. date 12.31.2029.**
Series A and B series
Series "A EUR” maximum yield: 8.25%*