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Our expertise extends to:
KEY FACTS
Indotek in numbers
Indotek Group, privately owned by two individuals, specializes in real estate investments, development, and private equity. We create value through strategic asset management and financial solutions.
12
Countries where we are active
2.4
Million sqm gross leasable area
2.5
Billion EUR assets under
management
100+
Managed warehouses, industrail and logistics
600+
Staff
60+
Managed office buildings
80+
Managed retail assets
6000+
Lease contracts
12
Countries where we are active
2.4
Million sqm gross leasable area
2.5
Billion EUR assets under
management
100+
Managed warehouses, industrail and logistics
600+
Staff
60+
Managed office buildings
80+
Managed retail assets
6000+
Lease contracts
IN EUROPE
Where are we present
Indotek Group, privately owned by two individuals, specializes in real estate investments, development, and private equity. We create value through strategic asset management and financial solutions.
Countries
Croatia
Greece
Hungary
Italy
Poland
Romania
Spain
Countries
Croatia
Greece
Hungary
Italy
Poland
Romania
Spain
INDOTEK GROUP
Vision
Indotek Group aspires to be the real estate industry benchmark in sustainable value creation across European markets, achieving growth through agile operations, strategic acquisitions, real estate investments, corporate takeovers, and structured financial solutions. We aim to create enduring value and stability for our investors and local communities by revitalizing aging commercial, office, hospitality and logistics properties, building affordable, quality housing, and pursuing future-proof strategic investments, financial services, and corporate acquisitions. Committed to leading by example, we continuously enhance our impact through a carefully planned, risk-aware approach and our unique, proven turnaround model. With the support of our skilled professionals, we respond to challenges with innovative, market-shaping solutions, ensuring outstanding investor returns.
INDOTEK GROUP
Mission
Indotek Group is dedicated to the strategic revitalization and development of residential, commercial, industrial, hospitality and logistics properties, combining sustainability principles, business efficiency, and a proven turnaround model. Our work is guided by the principles of performance-driven pragmatism, efficiency, dynamism, integrity, and professionalism, along with a goal- and profit-oriented approach to thoughtful risk-taking. We value loyalty, accountability, support for our dedicated colleagues, and we place a strong emphasis on creativity. We believe that a ‘tough but fair’ attitude and adherence to the ‘time is money’ principle lead to success. Through carefully timed acquisitions, developments, and active asset management, we provide outstanding returns for our investors. Our in-depth market knowledge enables us to offer tenants and buyers properties that meet their expectations without unnecessary and ostentative luxury, focusing instead on functionality and real value. Proud of our values, Indotek transforms underperforming properties and businesses through innovative thinking and expert care. This enhances economic efficiency, promotes sustainability, and provides livelihoods for many. We are committed to creating a stable, supportive environment that fosters growth for our team, aiming for long-term success in the real estate sector.
THROUGH THE YEARS
Our Story
THE TEAM
Our leadership
Dániel Jellinek
Founder, CEO, and Majority Owner
Dániel Jellinek is the founder, CEO, and majority owner of Indotek Group. Since its inception, he has led the company with a long-term vision, transforming it into a prominent pan-European real estate investment and asset management group. His entrepreneurial mindset and forward-looking strategy have shaped the Group’s identity, focusing on unlocking value in complex, underperforming assets and building a resilient, diversified portfolio.
With more than three decades of experience in real estate, investment, and private equity, he combines deep market insight with a disciplined approach to capital deployment. His leadership has driven the Group’s continued expansion across Europe, guided by a strong belief in adaptive growth, local market expertise, and value-driven innovation.
Dániel holds a degree in economics and is widely recognized for his ability to see potential where others see risk. His vision for Indotek is rooted in long-term value creation, sustainability, and a strategic approach to growth across diverse real estate markets.
‘At Indotek Group, we drive performance with pragmatism, efficiency, and dynamism. Our operations are profitand goal-oriented, and we act with integrity, upholding professionalism in everything we do. We value and support our dedicated, honest, and loyal colleagues. We practice responsibility and fairness, believing in the principle that “time is money.” Our passion for business and creativity fuels everything we pursue.’
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Florian Nowotny
Group Chief Financial Officer
Florian Nowotny serves as Group Chief Financial Officer at Indotek Group, overseeing the company’s financial operations across all markets. His responsibilities include international financing, risk management, controlling, accounting, taxation, treasury, cash management, and investor relations – ensuring that the financial framework supports Indotek’s growth strategy.
With a strong background in real estate finance, investment banking, and capital markets, Florian brings deep expertise in structuring complex transactions and managing investor expectations. Prior to joining Indotek, he served as CEO of DDM Holding AG, a Swiss-based investment firm focused on non-performing loans and distressed assets across Central and Eastern Europe, and as CFO and Executive Board Member of the Vienna-listed commercial property company CA Immo. Additionally, he was a Senior Advisor at Alvarez & Marsal, focusing on the real estate sector. He started his career in investment banking, where he held senior roles at UniCredit and Citi, specializing in mergers and acquisitions and capital markets transactions.
Florian is a graduate from the Vienna University of Economics and Business, holds an MBA from INSEAD and completed the CFA program. His pan-European experience in corporate finance, treasury operations, and M&A supports Indotek’s long-term ambitions and international expansion.
Dr. Kristóf Németh
Chief Operating Officer
Dr. Kristóf Németh serves as Chief Operating Officer at Indotek Group, where he is responsible for the implementation of key strategic and ownership-level decisions. He leads the CEO’s cabinet and oversees both the legal department and the non-performing loan department. His areas of responsibility include structuring, business development, and, in certain areas, acting as general deputy to the CEO. Dr. Németh also oversees investor and key account relations, coordinates complex transactions, and supports group-wide financing activity across multiple business fields.
He joined Indotek Group in 2019 as Chief of Staff and became a member of the management team in 2023. Prior to joining Indotek, Kristóf worked as a legal associate at a leading internationally recognized law firm, specializing in banking and corporate law.
He holds a law degree summa cum laude from Eötvös Loránd University and currently serves as a board member in several Group-related companies.
Dr. István Hüse
Director of Real Estate Development
Dr. István Hüse leads the real estate development division of Indotek Group, with a strategic focus on strengthening the Group’s position in the residential segment. He plays a key role in planning and delivering high-quality developments across the company’s pipeline, with a particular emphasis on long-term value creation.
He has held executive and ownership roles in a number of Hungarian real estate companies since 2000, focusing on property development, asset utilization, and facility operations. Prior to his current role, he was responsible for leading the Group’s hospitality division and played a pivotal role in managing residential and hotel-related projects across multiple entities. He also serves as a board member of Appeninn Nyrt.
István holds a law degree and brings over two decades of senior leadership experience in the real estate sector. He has extensive expertise in managing real estate across its full life cycle, with a strong legal and financial background, an innovative mindset, and a customer-oriented approach.
Tamás Szöllősi
Head of Operations and HR
Tamás Szöllősi is responsible for leading Indotek Group’s operations, HR, and IT functions, ensuring that internal systems and organizational processes effectively support the Group’s strategic goals. He also oversees the integration of newly acquired companies into the Group’s operational framework. Since joining the company in 2006, he has played a central role in building its internal structure and shaping a professional HR function.
Before joining Indotek, he worked as a management consultant in his own firm, focusing on organizational development and quality management systems.
Tamás brings a systems-oriented, structured leadership approach to operations and organization building. His work supports the Group’s continuous development through integrated processes, scalable infrastructure, and people-focused strategies.
He holds a degree in Business Administration with a focus on management and organizational development.
Dr. Bence Nádasdy
Chief Financial Officer – Hungary
Dr. Bence Nádasdy is responsible for Indotek Group’s financial operations in Hungary, overseeing accounting, controlling, taxation, financing, fund management, and internal reporting. He plays a key role in shaping the Group’s domestic capital structure and implementing financing strategies that support long-term growth.
Prior to joining Indotek, Bence held CFO and executive roles at major real estate, infrastructure, and energy companies, including Property Market (Market group) and MVM Paks II. He also spent over a decade in international banking, holding senior structured and project finance positions at K&H Bank (KBC group), CIB Bank (Intesa group) and Investkredit Bank (Volksbank group) in Hungary and Austria. His experience spans real estate development, energy, infrastructure development, leveragred finance and large-scale investment projects across Central Europe.
Bence holds a PhD in Finance and a Master’s degree in Business Administration. He has published widely on project finance and real estate topics and serves on several boards, including Auchan Hungary and Indotek Investments Fund Management. His leadership combines strategic financial planning with a deep understanding of project execution and capital markets.
Dr. Gábor Hegedüs
Portfolio Management Director – Hungary
Dr. Gábor Hegedüs serves as Portfolio Management Director for Hungary at Indotek Group, overseeing the company’s entire Hungarian real estate portfolio. His responsibilities encompass asset management, property and facility management, sales, and operational functions across the Group’s domestic business activities.
Since joining Indotek as Head of Asset Management, Gábor has continuously expanded his scope of responsibilities, playing a key role in building and structuring the Group’s retail division. He remains instrumental in aligning business units and processes to support long-term performance and value creation.
Prior to joining Indotek, Gábor held senior positions in the banking sector, including Head of Project Financing at FHB Bank. His focus areas included project and real estate financing, along with selected M&A transactions.
He holds degrees in both economics and law, and is known for his structured thinking, strategic systems approach, and ability to coordinate multidisciplinary teams toward shared goals.
Ádám Hegyi
Interim Consultant – Private Equity
Ádám Hegyi supports Indotek Group’s private equity operations through an outsourced consultancy model, providing strategic oversight and transactional execution for the Group’s investment activity. Working via his firm, PRIMARE, he applies a dynamic, deal-focused approach to sourcing and managing private equity transactions.
With a track record of over 100 successful M&A deals in Hungary and across the region, Ádám plays a key role in driving Indotek’s growth through acquisitions, capital market opportunities, and portfolio company development. His background combines deep expertise in regional deal-making, investment strategy, and transaction structuring.
Ádám holds a degree in economics and has built a career at the intersection of private equity, financial advisory, and strategic transformation. His contribution supports Indotek’s ambition to build long-term value through targeted investments and agile capital deployment.
Dániel Jellinek
Founder, CEO, and Majority Owner
Dániel Jellinek is the founder, CEO, and majority owner of Indotek Group. Since its inception, he has led the company with a long-term vision, transforming it into a prominent pan-European real estate investment and asset management group. His entrepreneurial mindset and forward-looking strategy have shaped the Group’s identity, focusing on unlocking value in complex, underperforming assets and building a resilient, diversified portfolio.
With more than three decades of experience in real estate, investment, and private equity, he combines deep market insight with a disciplined approach to capital deployment. His leadership has driven the Group’s continued expansion across Europe, guided by a strong belief in adaptive growth, local market expertise, and value-driven innovation.
Dániel holds a degree in economics and is widely recognized for his ability to see potential where others see risk. His vision for Indotek is rooted in long-term value creation, sustainability, and a strategic approach to growth across diverse real estate markets.
‘At Indotek Group, we drive performance with pragmatism, efficiency, and dynamism. Our operations are profitand goal-oriented, and we act with integrity, upholding professionalism in everything we do. We value and support our dedicated, honest, and loyal colleagues. We practice responsibility and fairness, believing in the principle that “time is money.” Our passion for business and creativity fuels everything we pursue.’
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
Kamilla Hermann
Partner, Marketing and SBU Director
Kamilla Hermann is a co-founder and partner of Indotek Group. She is responsible for the Group’s marketing, sustainability, and corporate social responsibility strategies across its entire portfolio. Her role also includes the visual identity and repositioning of shopping centers and office buildings, as well as the coordination of retail redevelopment projects and ESG-related efforts.
Kamilla has been actively involved in the strategic and operational management of the Group since its foundation. She brings a unique perspective shaped by her background in entrepreneurship, headhunting, and personnel consulting, combined with hands-on experience in residential asset sales, branding, and project coordination across multiple real estate segments.
In addition to her corporate responsibilities, Kamilla plays a leading role in social impact initiatives. She is Chair of the Board of Trustees at Bátor Tábor Foundation and a Champion of UNICEF Hungary, advocating for the support of families and future generations.
She holds a degree in economics with a specialization in business administration.
WE CREATE VALUE
Asset classes
Indotek has established itself as a leading investor in retail properties, particularly shopping centers.
Retail
Indotek has established itself as a leading investor in retail properties, particularly shopping centers. Capitalizing on the market recovery following the financial crisis of 2008-2009, we acquired over 20 shopping centers in Hungary and expanded internationally with strategic acquisitions in Romania, Italy, and Spain. In 2024, we further strengthened our retail presence by acquiring operational control of Auchan Hungary, while retaining our 47% ownership stake in the company. As part of this transaction, the Auchan Korzó retail spaces became fully owned by Indotek.
Through these strategic steps and our continuous pursuit of new opportunities, we strive to create value and deliver exceptional results in the retail sector.
Indotek has recently expanded into the hotel sector, focusing on strategic investments.
Hospitality
Indotek has recently expanded into the hotel sector, focusing on value creation through strategic investments. As of early 2024, our portfolio includes over 4,000+ hotel rooms, a port, and additional assets across Hungary, Spain, Greece, and Croatia. We primarily invest in distressed properties, improving their physical condition and market positioning to unlock their full potential. Focusing on 3-4-star hotels in popular tourist areas, our strategy emphasizes professional management, efficient operations, and leveraging synergies across our growing portfolio. Indotek is committed to becoming a leading player in the hospitality industry, driving strong results.
As a property developer, Indotek has a long-standing track record in residential development.
Developments
Indotek Group specializes in real estate development, with a strong focus on residential projects. While residential is our core expertise, we also develop hotels, retail spaces, worker accommodations, and other commercial properties. Our strength lies in repurposing underutilized properties rather than developing from scratch. This approach allows us to unlock value where others don’t, transforming outdated assets into market-ready properties. We modernize hotels, revamp shopping centers, and redevelop commercial spaces to improve their performance and appeal. Unlike traditional developers, we manage construction in-house, ensuring cost control, flexibility, and direct oversight from planning to completion.
Indotek strategically invests in office properties to drive exceptional returns through risk management and value creation.
Office
Indotek Group strategically invests in office properties to drive exceptional returns through risk management and value creation. We focus on overlooked market segments, enhancing cash flow, modernizing assets, and repositioning properties for higher-demand uses. Amid significant changes in the office sector, particularly post-COVID, our approach combines careful risk assessment with deep market insight, enabling us to capitalize on opportunities while maintaining adaptability in a shifting landscape.
Warehouse investments have been a cornerstone of Indotek’s growth strategy since the late 1990s.
Industrial
Warehouse investments have been a cornerstone of Indotek’s growth strategy since the late 1990s. We focus on two key areas: opportunistic acquisitions of undervalued properties and modern logistics developments. Our approach involves acquiring large industrial sites, enhancing and subdividing them for strategic sale, and maximizing asset value. As e-commerce and supply chain demands drive market trends, we continuously refine our strategy to align with evolving conditions. Through careful planning and strategic partnerships, Indotek ensures sustainable growth and value creation for our investors in the logistics sector.
Indotek Group strategically focuses on nursing homes and workers' hostels.
Living sector
Indotek Group strategically focuses on nursing homes, workers’ hostels and residential rental apartments to meet distinct market needs. These investments address growing demand, enhance operational efficiency, and ensure stable cash flow through professional management and strategic improvements. Our approach includes acquiring underperforming properties and revitalizing them to offer essential care and quality accommodations. To further meet evolving market demands, we are also investing in youth hostels, and modernizing facilities to offer students affordable, comfortable, and sustainable living spaces near universities and key public transportation hubs.
WE CREATE VALUE
Asset classes
Indotek has established itself as a leading investor in retail properties, particularly shopping centers.
Retail
Indotek has established itself as a leading investor in retail properties, particularly shopping centers. Capitalizing on the market recovery following the financial crisis of 2008-2009, we acquired over 20 shopping centers in Hungary and expanded internationally with strategic acquisitions in Romania, Italy, and Spain. In 2024, we further strengthened our retail presence by acquiring operational control of Auchan Hungary, while retaining our 47% ownership stake in the company. As part of this transaction, the Auchan Korzó retail spaces became fully owned by Indotek.
Through these strategic steps and our continuous pursuit of new opportunities, we strive to create value and deliver exceptional results in the retail sector.
Indotek has recently expanded into the hotel sector, focusing on strategic investments.
Hospitality
Indotek has recently expanded into the hotel sector, focusing on value creation through strategic investments. As of early 2024, our portfolio includes over 4,000+ hotel rooms, a port, and additional assets across Hungary, Spain, Greece, and Croatia. We primarily invest in distressed properties, improving their physical condition and market positioning to unlock their full potential. Focusing on 3-4-star hotels in popular tourist areas, our strategy emphasizes professional management, efficient operations, and leveraging synergies across our growing portfolio. Indotek is committed to becoming a leading player in the hospitality industry, driving strong results.
As a property developer, Indotek has a long-standing track record in residential development.
Developments
Indotek Group specializes in real estate development, with a strong focus on residential projects. While residential is our core expertise, we also develop hotels, retail spaces, worker accommodations, and other commercial properties. Our strength lies in repurposing underutilized properties rather than developing from scratch. This approach allows us to unlock value where others don’t, transforming outdated assets into market-ready properties. We modernize hotels, revamp shopping centers, and redevelop commercial spaces to improve their performance and appeal. Unlike traditional developers, we manage construction in-house, ensuring cost control, flexibility, and direct oversight from planning to completion.
Indotek strategically invests in office properties to drive exceptional returns through risk management and value creation.
Office
Indotek Group strategically invests in office properties to drive exceptional returns through risk management and value creation. We focus on overlooked market segments, enhancing cash flow, modernizing assets, and repositioning properties for higher-demand uses. Amid significant changes in the office sector, particularly post-COVID, our approach combines careful risk assessment with deep market insight, enabling us to capitalize on opportunities while maintaining adaptability in a shifting landscape.
Warehouse investments have been a cornerstone of Indotek’s growth strategy since the late 1990s.
Industrial
Warehouse investments have been a cornerstone of Indotek’s growth strategy since the late 1990s. We focus on two key areas: opportunistic acquisitions of undervalued properties and modern logistics developments. Our approach involves acquiring large industrial sites, enhancing and subdividing them for strategic sale, and maximizing asset value. As e-commerce and supply chain demands drive market trends, we continuously refine our strategy to align with evolving conditions. Through careful planning and strategic partnerships, Indotek ensures sustainable growth and value creation for our investors in the logistics sector.
Indotek Group strategically focuses on nursing homes and workers' hostels to meet distinct market needs.
Living Sector
Indotek Group strategically focuses on nursing homes, workers’ hostels and residential rental apartments to meet distinct market needs. These investments address growing demand, enhance operational efficiency, and ensure stable cash flow through professional management and strategic improvements. Our approach includes acquiring underperforming properties and revitalizing them to offer essential care and quality accommodations. To further meet evolving market demands, we are also investing in youth hostels, and modernizing facilities to offer students affordable, comfortable, and sustainable living spaces near universities and key public transportation hubs.
we create value
Asset classes
Retail
Indotek has established itself as a leading investor in retail properties, particularly shopping centers. Capitalizing on the market recovery following the financial crisis of 2008-2009, we acquired over 20 shopping centers in Hungary and expanded internationally with strategic acquisitions in Romania, Italy, and Spain. In 2024, we further strengthened our retail presence by acquiring operational control of Auchan Hungary, while retaining our 47% ownership stake in the company. As part of this transaction, the Auchan Korzó retail spaces became fully owned by Indotek.
Through these strategic steps and our continuous pursuit of new opportunities, we strive to create value and deliver exceptional results in the retail sector.
Hospitality
Indotek has recently expanded into the hotel sector, focusing on value creation through strategic investments. As of early 2024, our portfolio includes over 3,280 hotel rooms, a port, and additional assets across Hungary, Spain, Greece, and Croatia. We primarily invest in distressed properties, improving their physical condition and market positioning to unlock their full potential. Focusing on 3-4-star hotels in popular tourist areas, our strategy emphasizes professional management, efficient operations, and leveraging synergies across our growing portfolio. Indotek is committed to becoming a leading player in the hospitality industry, driving strong results.
Developments
Indotek Group specializes in real estate development, with a strong focus on residential projects. While residential is our core expertise, we also develop hotels, retail spaces, worker accommodations, and other commercial properties. Our strength lies in repurposing underutilized properties rather than developing from scratch. This approach allows us to unlock value where others don’t, transforming outdated assets into market-ready properties. We modernize hotels, revamp shopping centers, and redevelop commercial spaces to improve their performance and appeal. Unlike traditional developers, we manage construction in-house, ensuring cost control, flexibility, and direct oversight from planning to completion.
Office
Indotek Group strategically invests in office properties to drive exceptional returns through risk management and value creation. We focus on overlooked market segments, enhancing cash flow, modernizing assets, and repositioning properties for higher-demand uses. Amid significant changes in the office sector, particularly post-COVID, our approach combines careful risk assessment with deep market insight, enabling us to capitalize on opportunities while maintaining adaptability in a shifting landscape.
Industrial
Warehouse investments have been a cornerstone of Indotek’s growth strategy since the late 1990s. We focus on two key areas: opportunistic acquisitions of undervalued properties and modern logistics developments. Our approach involves acquiring large industrial sites, enhancing and subdividing them for strategic sale, and maximizing asset value. As e-commerce and supply chain demands drive market trends, we continuously refine our strategy to align with evolving conditions. Through careful planning and strategic partnerships, Indotek ensures sustainable growth and value creation for our investors in the logistics sector.
Living Sector
Indotek Group strategically focuses on nursing homes, workers’ hostels and residential rental apartments to meet distinct market needs. These investments address growing demand, enhance operational efficiency, and ensure stable cash flow through professional management and strategic improvements. Our approach includes acquiring underperforming properties and revitalizing them to offer essential care and quality accommodations. To further meet evolving market demands, we are also investing in youth hostels, and modernizing facilities to offer students affordable, comfortable, and sustainable living spaces near universities and key public transportation hubs.
