a
M

About us

Key messages

Portfolio

Leadership

Milestones

Contact

info@indotek.hu

INDOTEK GROUP EUROPE

INTRODUCING

Indotek Greece

01

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

OUR EXPERTISE

About us

Indotek Group, a pan-European real estate investment and asset management company, specializes in revitalizing underperforming assets and investing in high-potential properties. Since entering the Greek market in 2021, Indotek has focused on unlocking long-term value in hospitality and retail real estate. Our first acquisition—a centrally located hotel in Athens—is under full renovation and rebranding. The Greek portfolio now includes four assets: one city hotel and three shopping galleries in Thessaloniki and Patra, representing Indotek’s expanding presence in the region.

KEY MESSAGES

Indotek on the Greek market

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

Strategic Revitalization

Transforming outdated hospitality and retail properties into competitive, modern assets.

Diversified Growth

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

Long-Term Commitment

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

OUR ASSETS

Portfolio

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

NAME

Makedonia Mall

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

28

MAIN TENANTS

Marks & Spencer, Cosmos Sport, LC Waikiki

NAME

Efkarpia 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

13

MAIN TENANTS

Sklavenitis, Pharmacie, Phone Club

NAME

Patra Mall

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

26

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 2028, the project reflects Indotek’s core strategy of adding value through design, efficiency, and guest-centric upgrades.

ROOMS

143

CATEGORY

TYPE

Downtown / Leisure and Business

45

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 real estate 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 real estate sectors (hospitality, retail, industrial, logistics), 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 real estate sectors such as retail and shopping centers covering areas such as leasing, development, and asset management.

Email: michaelis.sakellariou@indotek.gr

THROUGH THE YEARS

Milestones

2021

Market entry through the acquisition of Oscar Hotel in Athens.

1/3

2025

Expansion into retail with the acquisition of three shopping galleries in Thessaloniki and Patra.
Full-scale refurbishment of the Oscar Hotel begins, targeting completion in 2028.

3/3

45

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.

→ Read all news

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

#$
en_GBEnglish
hrCroatian elGreek hu_HUHungarian it_ITItalian pl_PLPolish ro_RORomanian es_ESSpanish en_GBEnglish