INTRODUCING

Indotek Greece

At Indotek’s Greek office, we emphasize strategic growth, revitalization, and investment in high-potential assets.

OUR EXPERTISE

About us

Indotek Group is a leading force in Hungary’s real estate investment and NPL management sectors and an emerging pan-European player with a presence in 12 markets across the continent. With deep roots in the real estate sector since 1995, our portfolio spans the commercial, hospitality, logistics and residential sectors, encompassing over 350 diverse properties. Beyond real estate, we have a strong presence in property development, private equity, and financial investments, reinforcing our commitment to long-term value creation. Supported by over 600 skilled professionals, we manage investments from acquisition to sale, investing our own and third-party capital in high-potential assets. Our focus is on revitalization, restructuring, and efficiency improvements to unlock significant value.

Key messages

Transforming outdated hospitality and retail properties into competitive, modern assets.

From our Athens base, Indotek Greece is dedicated to identifying underutilized assets and repositioning them to meet contemporary market needs. Our focus is on:

Strengthening our presence in both city and resort hospitality while expanding into retail real estate.

Diversified Growth

Long-Term Commitment

Key messages

Indotek on the Greek market

Transforming outdated hospitality and retail properties into competitive, modern assets.

Backed by Indotek Group’s international expertise, we aim to contribute to the sustainable transformation of the Greek built environment.

Strengthening our presence in both city and resort hospitality while expanding into retail real estate.

Diversified Growth

Strategic Revitalization

Long-Term Commitment

Indotek on the Greek market

Backed by Indotek Group’s international expertise, we aim to contribute to the sustainable transformation of the Greek built environment.

Strategic Revitalization

From our Athens base, Indotek Greece is dedicated to identifying underutilized assets and repositioning them to meet contemporary market needs. Our focus is on:

OUR ASSETS

Portfolio

Explore Indotek Group's diverse Greek property portfolio and discover prime
investment opportunities across key locations.

NAME

Makedonia Mall Shopping Gallery

LOCATION

Thessaloniki, Greece

DETAILS

Acquired as part of Indotek’s retail expansion, Makedonia Mall Shopping Gallery offers 13,000 sqm of gross leasable area, 28 tenants, and 2,409 parking spaces. Built in 2001, it plays a key role in Thessaloniki’s retail ecosystem and presents strong growth potential.

GLA

13,000 m2

SHOPS

MAIN TENANTS

Marks & Spencer, Cosmos Sport, LC Waikiki

NAME

Efkarpia Mall Shopping Gallery

LOCATION

Thessaloniki, Greece

DETAILS

With a GLA of 800 sqm and 9 tenants, this neighborhood-focused gallery complements Indotek’s broader retail approach. Built in 1998, the property features 1,021 parking spots and serves a stable catchment area.

GLA

800 m2

SHOPS

MAIN TENANTS

Sklavenitis, Pharmacie, Phone Clube

NAME

Patra Mall Shopping Gallery

LOCATION

Patra, Greece

DETAILS

This 8,100 sqm gallery, built in 2002, includes 22 tenants and 1,112 parking spaces. Located in Patra, it is a regional center with opportunity for repositioning and growth in alignment with Indotek’s value-driven retail strategy.

GLA

8000 m2

SHOPS

MAIN TENANTS

Kotsovolos, Intersport, Sinsay

NAME

Oscar Hotel

LOCATION

Athens, Greece

DETAILS

Located in the heart of Athens, Oscar Hotel is being fully renovated and repositioned as a 141-room upper mid-scale branded hotel. Scheduled for completion in 2025, the project reflects Indotek’s core strategy of adding value through design, efficiency, and guest-centric upgrades.

ROOMS

143

CATEGORY

MAIN TENANTS

Downtown / Leisure and Business

THE TEAM

Country Management

Christos Geropantas

Head of Transactions South East Europe, Country Head Greece & Cyprus

Chris Geropantas Country Head of Indotek in Greece & Cyprus, joined Indotek in 2021. He is a seasoned manager with 20 years of experience in all RE sectors and asset classes, covering full project lifecycle: sourcing, underwriting, due diligence, financing, acquisitions, development, asset management and disposition. As Country Head, Chris is actively looking for value-add investment opportunities in all RE sectors, (hospitality, retail industrial, logistics, etc.), with a target to build and manage a local portfolio.

Email: chris.geropantas@indotek.gr

Michaelis Sakellariou

Head of Asset Management,
Greece and Cyprus

Michalis Sakellariou Head of Asset Management for Indotek in Greece joined Indotek in April 2025. He is a seasoned manager with 25 years of experience in RE sectors such as retail and shopping centers covering areas such as Leasing, development, and asset management.

Email: michaelis.sakellariou@indotek.gr

2024

Full-scale refurbishment
of the Oscar Hotel begins,
targeting completion in 2025.

2025

Expansion into retail with
the acquisition of three
shopping galleries in
Thessaloniki and Patra.

2021

Market entry through the
acquisition of a city
hotel in Athens.

THROUGH THE YEARS

Milestones

INDOTEK GROUP

Our vision

Indotek Greece aims to be a leading contributor to the transformation of Greece’s real estate market by revitalizing existing assets and selectively acquiring new ones. Our goal is to create sustainable value for tenants, investors, and communities through strategic refurbishment and professional asset management.

INDOTEK GROUP

Our news & reports

Read Indotek Group's news across the European continent and discover prime investment opportunities across key locations.

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