INTRODUCING

Dániel Jellinek

Dániel Jellinek is the founder, CEO, and majority owner of Indotek Group, a Budapest-based real estate investment firm operating across 12 European countries since 1995.

Dániel Jellinek

Founder, CEO, and majority owner, Indotek Group

Dániel Jellinek is a Hungarian real estate investor and businessman. As founder, CEO, and majority owner of Indotek Group established in 1995, he has spent 3 decades building a firm that today manages a portfolio of over EUR 2.5 billion in assets comprising more than 350 properties across 12 European countries. His career is defined by an anticyclical, turnaround business model; a keen instinct for distressed, underperforming and undervalued assets and companies, and a proven expertise in identifying them, restructuring them, repositioning them, and generating long-term returns to unlock significant value. The through-line remained the same from the beginning: rigorous analysis, disciplined capital allocation, and a genuine belief in the value of revitalizing what others have left behind.

„We drive performance with pragmatism, efficiency, and dynamism. Our operations are profit and 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“ – this philosophy reflects his expectations and standards for the company, its employees, and himself.

Career

He earned his degree in economics in 1999. His entrepreneurial career began at the age of 14. He shaped Indotek Group into a firm with a real estate portfolio spanning over 2.4 million square metres operating across retail, office, hospitality, industrial, and residential real estate. Early milestones include a landmark investment from US-based Bohemian Group in 2009, which provided the liquidity platform for accelerated European expansion, and the 2010 founding of Indotek Investments Fund Management Zrt., which enabled the Group to pursue distressed-property acquisition at scale. By 2022, Dániel had bought back that stake entirely, enabled by the Group's financial maturity and his preference for consolidated, long-term ownership.

International Expansion

Having worked with renowned institutional partners including Klépierre, Blackstone, and Oaktree across large-scale transactions, the firm today has investments in 12 European countries, run from 7 regional offices in Croatia, Greece, Hungary, Italy, Poland, Romania, and Spain. Each market entry has been backed by local knowledge, market expertise and structured financial discipline.

Signature Assets

The portfolio spans well-known commercial and residential properties across Central and Southern Europe. Domestically, Duna Plaza and Corvin Plaza in Budapest are long-standing holdings. Internationally, Le Masserie Centro Commerciale in Sicily, Plaza M in Romania, and Espacio León in Spain reflect the Group's European footprint. Indotek backs projects where social need and long-term value creation align, integrating ESG (environmental, social and governance) aspects in its strategy and operations.

Non-Performing Loans

One of Dániel's more distinctive contributions to Hungarian real estate finance was his early move into the Non-Performing Loan market, a high-complex area that many institutional investors avoided. Under his direction, NPL acquisition became a core competency, with dedicated legal and financial infrastructure built to manage distressed assets at scale. In 2025, the Group extended this expertise into Spain's NPL market, adding another dimension to its European strategy.

Residential segment

In residential real estate development, the company is currently demonstrating activity on an unprecedented scale. Several large projects are underway in parallel in Budapest, with more than 10,000 new apartments planned over the next 5 years. The in-house team of more than 100 engineers enables it to deliver new developments cost-effectively without the need to engage a general contractor.

Private equity M&A

The private equity division has also become increasingly active. One of the most notable examples was the acquisition of a 47% stake in Auchan Hungary, along with operational control rights in 2024, demonstrating that Indotek can apply its value-creation model beyond the real estate sector. The Auchan transaction is also rooted in a value-driven turnaround strategy: the objective is to reposition the company and accelerate its expansion through professional management, improved operational efficiency, and optimized procurement.

Social initiatives

Dániel Jellinek has been emphatically supporting several social initiatives in Hungary spanning equal opportunity, sustainability, education, and healthcare, including the Real Estate Talent of the Year Award initiated by Indotek Group in partnership with Portfolio.hu – One of Hungary’s most well-known business and financial media platforms – to support the next generation of Hungarian real estate professionals.