Budapest-based real estate investment and asset management company Indotek Group announced today that it has purchased a EUR 43.5 million portfolio of 524 residential and commercial properties in Spain. The deal was structured as a transaction involving both non-performing loans (NPLs) and real estate. The acquisition is a strategic milestone in Indotek's expansion in Iberia […]
Indotek Group, a real estate, private equity investment and asset management company, has renovated another shopping center: this time, the group has completed the interior renovation of Balaton Plaza in Veszprém, the company told MTI on Monday. According to the announcement, the group owns more than 70 shopping centers and retail units in Hungary and […]
Real estate investment and acquisitions company Indotek Group has acquired three shopping centers in Greece. In a statement, the Budapest-based company quoted Philip Wood, Indotek's managing director for transactions and asset management, as saying that in addition to its retail ambitions, "Indotek Group is actively exploring further expansion opportunities in the Greek hotel industry." The […]
Over the weekend, the Indotek Group completed the acquisition of Auchan Hungary Ltd. In addition to the 47% stake in the retailer, the real estate investor will also take over the operational management of the Auchan chain of stores, the investor told MTI on Wednesday. Auchan Magyarország Kft. and its domestic interests involved in the […]
Indotek Group has announced the appointment of Philip Wood as Head of International Transactions & Asset Management as of October 1, 2024. In this role, he will oversee the asset management group’s international expansion strategy, focusing on key markets in Central, Southern and Western Europe. He will lead the company’s efforts to explore new market […]
Indotek Group, a Budapest-based European real estate investment and asset management company, has acquired the Espacio León shopping center owned by US fund management company Blackstone Inc. for almost EUR 50 million, the real estate investor told MTI on Monday. According to a statement from Indotek, the acquisition of one of the leading retail centers […]
