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Forestay Studenthotel I. Real Estate Fund

Forestay Fund Management Private Ltd. creates its initial/first real estate fund for the management of Milestone Budapest: the contemporary private student residence, established as a wholly-owned development, in operation, fully leased, with long-term property management and lease agreements, generating cash-flow. The fund therefore provides stable, long-term return at minimal risk for the investors.

Milestone Budapest is the first privately operated student residence intended for student housing and hostel functions, comprising of  418 single studios, each with its own kitchenette and private bathroom. Right next door to the Theoretical Medical Centre of Semmelweis University (EOK) and 80 meters from Klinikák metro station, the building offers public accommodation at a perfect location.

The development satisfies all student demands offering fully furnished studios including kitchenette and private bathrooms; community areas such as lobby, study rooms, gym, media rooms, rooftop terrace; with a café, restaurants and a convenience store operating in the building. The passage running through the ground level of the property creates a pleasant connection between the SOTE EOK building and the metro station Klinikák.

The Fund’s Registration Number: H-KE-III-666/2019., Date of Registration: 07. november 2019

The Fund is private, closed-ended, from MNB registration decision to 30. september 2025.

The aim of the Fund is to increase equity.

The placement and distribution of the fund shares are concluded within a private group in accordance with the provisions of the Act CXX of 2001 on the Capital Market (Tpt.) 14. § (1) Section c).

The currency of the fund shares is the euro. There are 4 745 pieces of Series „A” fund shares, each having a par value of €1 000 to be issued, with the cumulative value of €4 745 000. There are 100 pieces of Series „B” fund shares, each having a par value of €1 000 to be issued, with the cumulative value of €100 000.

ISIN Number of fund shares:

Series „A” : HU0000723416

Series „B” : HU0000723424

For further information please refer to the Rules on Management of Forestay Milestone.

 
 
 
      Forestay Diákhotel I. Ingatlanalap series 'A' Net Asset Values      PDF-ikon.jpg    
         
         

Forestay Studenthotel I. Real Estate Fund

Forestay Fund Management Private Ltd. creates its initial/first real estate fund for the management of Milestone Budapest: the contemporary private student residence, established as a wholly-owned development, in operation, fully leased, with long-term property management and lease agreements, generating cash-flow. The fund therefore provides stable, long-term return at minimal risk for the investors.

Milestone Budapest is the first privately operated student residence intended for student housing and hostel functions, comprising of  418 single studios, each with its own kitchenette and private bathroom. Right next door to the Theoretical Medical Centre of Semmelweis University (EOK) and 80 meters from Klinikák metro station, the building offers public accommodation at a perfect location.

The development satisfies all student demands offering fully furnished studios including kitchenette and private bathrooms; community areas such as lobby, study rooms, gym, media rooms, rooftop terrace; with a café, restaurants and a convenience store operating in the building. The passage running through the ground level of the property creates a pleasant connection between the SOTE EOK building and the metro station Klinikák.

The Fund’s Registration Number: H-KE-III-666/2019., Date of Registration: 07. november 2019

The Fund is private, closed-ended, from MNB registration decision to 30. september 2025.

The aim of the Fund is to increase equity.

The placement and distribution of the fund shares are concluded within a private group in accordance with the provisions of the Act CXX of 2001 on the Capital Market (Tpt.) 14. § (1) Section c).

The currency of the fund shares is the euro. There are 4 745 pieces of Series „A” fund shares, each having a par value of €1 000 to be issued, with the cumulative value of €4 745 000. There are 100 pieces of Series „B” fund shares, each having a par value of €1 000 to be issued, with the cumulative value of €100 000.

ISIN Number of fund shares:

Series „A” : HU0000723416

Series „B” : HU0000723424

For further information please refer to the Rules on Management of Forestay Milestone.

 
 
 
      Forestay Diákhotel I. Ingatlanalap series 'A' Net Asset Values      PDF-ikon.jpg    
         
         

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