Our Expertise
About us
Indotek Group, a pan-European real estate investment and asset management company, is committed to transforming underperforming properties and acquiring high-potential assets to unlock their full potential. Since entering the Spanish market, Indotek has strategically built a portfolio across the retail and hospitality sectors, exemplifying its expertise in value creation. Key acquisitions include the Espacio León shopping center and the H-Top Royal Beach Hotel in Lloret de Mar.
Key messages
Indotek on the Spanish market
From Indotek’s Spanish office, we emphasize strategic growth, revitalization, and investment in high-potential assets. Our unique selling propositions include:
Revitalization of properties
Transforming underperforming assets into modern and competitive spaces.
Acquisition of high-potential assets
Identifying and securing prime opportunities, such as Espacio León, to ensure sustainable growth and stability.
Localized expertise with a global perspective
Combining international know-how with a deep understanding of the Iberian market to deliver tailored solutions.
Key messages
Indotek on the Spanish market
From Indotek’s Spanish office, we emphasize strategic growth, revitalization, and investment in high-potential assets. Our unique selling propositions include:
Revitalization of properties
Transforming underperforming assets into modern and competitive spaces.
Acquisition of high-potential assets
Identifying and securing prime opportunities, such as Espacio León, to ensure sustainable growth and stability.
Localized expertise with a global perspective
Combining international know-how with a deep understanding of the Iberian market to deliver tailored solutions.
Name
Espacio León
location_on Location
Castilla y León, Spain
Details
Acquired in 2024 for €50 million, Espacio León is a premier regional shopping center with 36,914 sqm of leasable area. Featuring 112 retail units, including Primark, Mango, and Pull&Bear, alongside entertainment options such as a nine-screen cinema, Espacio León attracts 4.1 million annual visitors. This acquisition underscores Indotek’s commitment to investing in stable, high-performing assets that drive local economic growth.
Name
H-Top Royal Beach Hotel
location_on Location
Lloret de Mar, Spain
Details
Indotek further expanded its +1700-room Spanish hospitality portfolio in 2023 by acquiring the 368-room, 4-star H-Top Royal Beach Hotel. This sale-and-leaseback deal, financed by Banco Santander, reflects Indotek's strategy of investing in assets with strong potential for refurbishment and modernization. A planned €4 million refurbishment by 2025 will elevate the property’s standards to cater to modern travelers, while Spain’s HTop Hotels & Resorts Group continues to operate the hotel under a long-term lease.
Name
Vilamarina Shopping Center
location_on Location
Barcelona, Spain
Details
Acquired in 2023, this vibrant retail destination in Viladecans highlights Indotek’s commitment to Spain’s dynamic retail sector. It offers a blend of shopping, dining, and leisure experiences tailored to meet modern consumer demands.
Our assets
Portfolio
Explore Indotek Group's diverse Spanish property portfolio and discover prime investment opportunities across key locations.
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Portfolio
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LEADERSHIP
Country
management
Country management
Miguel Santandreu
Country Head and Head of Asset Management,
Spain and Portugal
Miguel Santandreu has served as Country Head for the Iberian region (Spain and Portugal) at Indotek Group since December 2023, after joining the company earlier that year as Asset Manager. In this role, he is responsible for the effective management of a significant property portfolio. With over 15 years of experience in the commercial real estate sector, Miguel’s extensive expertise in strategy, management, and leasing, combined with his deep market knowledge and commitment to innovation, led Indotek Group to entrust him with overseeing its operations in Spain. Miguel has also worked in development, conversion, and repositioning of commercial assets, and held leadership roles at prominent real estate funds and servicer companies. He holds a strong educational foundation from the University of Granada and institutions such as Rotterdam Business School, ESADE, and IE Business School.
Email: chris.geropantas@indotek.gr
LEADERSHIP
Country management
Miguel Santandreu
Country Head and Head of Asset Management,
Spain and Portugal
Miguel Santandreu has served as Country Head for the Iberian region (Spain and Portugal) at Indotek Group since December 2023, after joining the company earlier that year as Asset Manager. In this role, he is responsible for the effective management of a significant property portfolio. With over 15 years of experience in the commercial real estate sector, Miguel’s extensive expertise in strategy, management, and leasing, combined with his deep market knowledge and commitment to innovation, led Indotek Group to entrust him with overseeing its operations in Spain. Miguel has also worked in development, conversion, and repositioning of commercial assets, and held leadership roles at prominent real estate funds and servicer companies. He holds a strong educational foundation from the University of Granada and institutions such as Rotterdam Business School, ESADE, and IE Business School.
Tel: +00 000 0000
Email: chris.geropantas@indotek.gr
LEADERSHIP
Country
management
Country management
Michael Reinmuth
Head of Transactions, Spain and Portugal
Michael Reinmuth joined Indotek Group at the beginning of this year as Head of Transactions for Spain and Portugal, bringing extensive experience from his previous role at Savills Investment Management Spain. With 21 years in the real estate sector across Spain and Portugal, Michael has worked for 15 years as Director of Transactions, specializing in diverse segments including logistics, retail, office, living, NPLs, REOs, and more. His expertise spans the entire real estate lifecycle, including sourcing, analysis, structuring, financing, and acquisitions. Michael’s deep understanding of the markets, combined with his longstanding network, provides Indotek Group with exclusive access to high-quality investment opportunities. He holds a degree in European Business Studies from Cambridge and Madrid and began his career as an M&A analyst at Deutsche Bank.
Email: chris.geropantas@indotek.gr
LEADERSHIP
Country management
Michael Reinmuth
Head of Transactions, Spain and Portugal
Michael Reinmuth joined Indotek Group at the beginning of this year as Head of Transactions for Spain and Portugal, bringing extensive experience from his previous role at Savills Investment Management Spain. With 21 years in the real estate sector across Spain and Portugal, Michael has worked for 15 years as Director of Transactions, specializing in diverse segments including logistics, retail, office, living, NPLs, REOs, and more. His expertise spans the entire real estate lifecycle, including sourcing, analysis, structuring, financing, and acquisitions. Michael’s deep understanding of the markets, combined with his longstanding network, provides Indotek Group with exclusive access to high-quality investment opportunities. He holds a degree in European Business Studies from Cambridge and Madrid and began his career as an M&A analyst at Deutsche Bank.
Tel: +00 000 0000
Email: chris.geropantas@indotek.gr
LEADERSHIP
Country management
Country
management
2023
Acquisition of Vilamarina
Shopping Center in Barcelona and
the H-Top Royal Beach
Hotel in Lloret de Mar.
2024
€50 million acquisition of
Espacio León, marking a milestone in
Indotek’s retail strategy.
2019
Market entry into Poland, marking Indotek Group’s expansion into one of Central Europe’s largest real estate markets.
2021
Acquisition of four office buildings, establishing a solid presence in the office property sector.
2023
Successful exit from the Panattoni Park Łódź logistics project, showcasing Indotek’s strategic investment approach and value creation capabilities.
THROUGH THE YEARS
Milestones
INDOTEK GROUP
Our vision
Indotek Spain aims to lead the revitalization of aging properties while seizing high-potential investment opportunities. By leveraging its proven turnaround model and acquisition strategies, Indotek is committed to creating sustainable value for tenants, communities, and investors across the Iberian Peninsula.
