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
Espació 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.
GLA
36,900 m2
Shops
112
Main tenants
Primark, Ikea, Media Markt, Pull & Bear
Name
Centro Comercial Vilamarina
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.
GLA
32,191 m2
Shops
86
Main tenants
H&M, Mercadona, KFC, Cortefiel
Name
Factory Bonaire Outlet Centre
location_on Location
Valencia, 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.
GLA
14,813 m2
Shops
40
Main tenants
Adidas, Mango, Nike, Guess
Name
H-Top Royal Beach Hotel location_on Location
Lloret de Mar, Spain
Details
Hotel Htop Amatista is a 4-star hotel in Lloret de Mar’s tranquil Fenals area, just a short walk from the beach. A great choice for couples and families, it features an outdoor pool for adults and a separate one for children. For relaxation, guests can enjoy the rooftop sun terrace equipped with a whirlpool, offering pleasant views. The hotel provides modern rooms with balconies and a popular all-inclusive option at its buffet restaurant. With entertainment for all ages, it offers a welcoming atmosphere for a Costa Brava holiday, often praised for its excellent location and friendly staff.
Rooms
358
Type
Beachfront / Leisure
room_service Services
Pools, spa, gym, bar
Name
Hotel Ibersol Torremolinos Beach location_on Location
Malaga, Spain
Details
Hotel Ibersol Torremolinos Beach is a 260-room, four-star beachfront property located in a prime holiday destination on the Costa del Sol. With pools, fitness facilities, and a spa, it caters to leisure travelers in one of Spain’s most popular tourist hubs. Its scale and amenities ensure consistent appeal to international visitors.
Rooms
260
Type
Beachfront / Leisure
room_service Services
Pools, spa, gym, bar
Name
Hotel Ibersol Almuñécar Beach & Spa location_on Location
Granada, Spain
Details
Located near Sierra Nevada Natural Park on the Andalusian coast, the 227-room Hotel Ibersol Almuñecar Beach & Spa offers four-star accommodation with spa, wellness, pool, and fitness facilities. This beachfront destination combines natural surroundings with year-round tourism demand, reinforcing Indotek’s presence in Andalusia’s hospitality market.
Rooms
227
Type
Beachfront / Leisure
room_service Services
Spa, wellness, fitness, pool
Name
Vera Playa Club Hotel location_on Location
Almería, Spain
Details
Vera Playa Club Hotel is a 281-room beachfront property with a unique market position of being the biggest hotel in one of Spain’s main naturist destinations. Featuring restaurants, pools, and fitness amenities, the four-star establishment serves as a family-friendly destination on the Andalusian seaside. Its niche positioning secures strong loyalty and consistent year-round demand.
Rooms
281
Type
Beachfront / Leisure
room_service Services
2 pools, restaurant, fitness
Name
Hotel Thalasia Costa De Murcia location_on Location
Murcia, Spain
Details
Just 15 minutes from the beaches of the Mar Menor, Hotel Thalasia Costa de Murcia offers 214 rooms with spa, restaurant, and sports facilities. This four-star leisure hotel is distinguished by its thalassotherapy center, positioning it as both a wellness and holiday destination. It strengthens Indotek’s exposure to Spain’s expanding health and wellness tourism segment.
Rooms
214
Type
Leisure
room_service Services
Spa, restaurant, sport facilities
Name
Hotel Ibersol Sorra D'Or location_on Location
Barcelona, Spain
Details
Hotel Ibersol Sorra d’Or is a 254-room beachfront property in the Costa Brava, recently refurbished with updated interiors. Offering pools, beach bars, and restaurants, the three-star hotel combines accessibility with leisure appeal, serving as a reliable Mediterranean destination for both domestic and international travelers, given the easy access from Barcelona airport.
Rooms
254
Type
Beachfront / Leisure
room_service Services
Pool, beach bar, restaurant
Name
Orbelán - Industrial asset
location_on Location
Amorebieta, Spain
Details
Industrial property located in Amorebieta (Vizcaya), built in 2001 and acquired by Indotek in 2021. The property is fully let, ensuring stable occupancy and providing long-term income visibility and stable cash flow. With its strategic location and committed tenant, the asset represents a resilient investment for Indotek in the Basque industrial market.
GLA
18,593 sqm
Main tenants
Orbelán Plásticos, S.A
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
Acquisition of Hotel Htop Amatista in Lloret de Mar, Gerona.
Acquisition of Mutua Hotel Portfolio with Hotel Ibersol Almuñécar and parallel acquisition of Hotel Thalasia Costa de Murcia.
Transaction of Hotel Torremolinos from Mutua Hotel Portfolio completed. Acquisition of Hotel Sorra D'or & Hotel Torre Pacheco.
Transaction of Hotel Vera Playa from Mutua Hotel portfolio completed. Acquisition of Centro Comercial Vilamarina & Factory Bonaire Outlet Centre.
Acquisition of Espacio León.
THROUGH THE YEARS
Milestones
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chevron_rightchevron_leftAcquisition of Hotel Htop Amatista in Lloret de Mar, Gerona.
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chevron_rightchevron_leftAcquisition of Mutua Hotel Portfolio with Hotel Ibersol Almuñécar and parallel acquisition of Hotel Thalasia Costa de Murcia.
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chevron_rightchevron_leftTransaction of Hotel Torremolinos from Mutua Hotel Portfolio completed. Acquisition of Hotel Sorra D'or & Hotel Torre Pacheco.
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chevron_rightchevron_leftTransaction of Hotel Vera Playa from Mutua Hotel portfolio completed. Acquisition of Centro Comercial Vilamarina & Factory Bonaire Outlet Centre.
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chevron_rightchevron_leftAcquisition of Espació León in Leon.
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THROUGH THE YEARS
Our story
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.