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BNP to manage halls of residence

Anna Pakulniewicz 24 October 2017

Anna Pakulniewicz

Journalist

+48 22 356 25 07
anna@eurobuildcee.com

Ania covers the Baltic states’ real estate markets, architecture and urban planning in Warsaw as well as interior design. She is also the co-founder of Eurobuild TV. Among others, she has been employed by TVN CNBC, PAP Insider, WBJ (The Observer), Poland Monthly and IMM. She graduated from the Warsaw School of Economics, majoring in international relations. She has also completed postgraduate studies in macroeconomic analysis. In addition to this, she studied Lithuanian philology

BNP to manage halls of residence
The building is the first large-scale, privately owned, purpose-built student residence in Hungary
HUNGARY BNP Paribas Real Estate Hungary has won the tender process to manage the Milestone student residence in Budapest.

The building of around 15.000 sqm is the first large-scale, privately owned, purpose-built student residence in Hungary, with 1.000 sqm of retail and with over 400 single bed en-suite rooms.

“We are very pleased that Forestay Development has entrusted us with the management of this unique property. Over 25 years of local property management gives us the experience needed to manage the Milestone Budapest student residence to the high standards that meet the needs of the client. Winning this assignment is in line with one of our strategic goal offurther increasing and diversifying our Budapest portfolio,” said Henrik Favari, the CEO of BNP Paribas Real Estate Hungary.

Forestay Group is involved in investment management and property development with a focus on Central Eastern European opportunities.


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