ARTICLES LABELLED WITH TAG Forestay Group

News Moxy Budapest Downtown slated for delivery in early 2026
23
May
2025

Moxy Budapest Downtown slated for delivery in early 2026

by Property Forum
Forestay Group has organised a topping-out ceremony of the Moxy Budapest Downtown, a 283-room hotel set to open in spring 2026 on Budapest's historic Kazinczy Street. 
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News Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News Forestay Group to deliver Moxy Budapest hotel in early 2026
14
Oct
2024

Forestay Group to deliver Moxy Budapest hotel in early 2026

by Property Forum
Forestay Group has hosted a traditional groundbreaking ceremony for its latest development, the Marriott Moxy Budapest, which will be the first hotel under this brand in Hungary. 
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News Forestay and Recorde invest in student accommodation in Budapest
23
Jul
2024

Forestay and Recorde invest in student accommodation in Budapest

by Property Forum
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.  
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News Student housing is a very progressive, future-proof asset class
25
Aug
2022

Student housing is a very progressive, future-proof asset class

by Property Forum
Purpose-built student accommodations are in short supply across the region, but some investors and developers find them very attractive. However, due to the recent dramatic economic changes, companies need to adapt to tougher business conditions and adjust their development pipelines accordingly, says Bálint Botos, Managing Partner of Forestay Group.
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News Forestay Group appoints new Business Development Director
08
Sep
2021

Forestay Group appoints new Business Development Director

by Property Forum
As of September 2021, Tamás Sellyey has been appointed Director of Strategy and Business Development at Forestay Group, with a key role in the Group's major expansion plans. His mandate will fully cover organisational and business development processes, increasing the order book for engineering and fit-out services, as well as promoting in-house developments managed by the Group's fund management.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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