Forestay Group continues its growth strategy with the appointment of András Kovács as Asset Management and Transactions Director.
Kovács is one of the recognised specialists in the real estate market, having gained comprehensive experience during his career in leasing, sales, acquisition and development of regional commercial, logistics and industrial properties. Throughout his career spanning 20 years, he has held key positions at domestic and international multinational companies. "His comprehensive professional knowledge of market operations has been enriched by managing his own businesses and advisory experience," the company stated.
The group is executing investments across five development projects, totalling one thousand hotel rooms and three thousand apartments in Budapest, while continuously seeking new opportunities alongside these developments.
Kovács btained his economics degree from IBS-Oxford Brookes University, which he supplemented with a marketing communications diploma. He completed his legal studies at Pázmány Péter Catholic University and also participated in Royal Institute of Chartered Surveyors (RICS) specialised training organised by Budapest University of Technology.
Forestay Group is a domestically owned company with 15 years of experience and over €800 million in real estate development portfolio. During its property development activities, it covers the full spectrum of investments, whether involving fund management and financing, technical project management, construction or hotel operations. The company owns and operates Dean's Home Budapest, the capital's only large-scale private student accommodation, as well as several Marriott hotels.