ARTICLES LABELLED WITH TAG indotek-group

News - Indotek CEO backs wealth tax in Hungary but warns of risks
15
Apr
2026

Indotek CEO backs wealth tax in Hungary but warns of risks

by Property Forum
One of Hungary's wealthiest individuals, Dániel Jellinek, CEO of the Indotek Group, considers the Tisza Party's wealth tax proposal fair but sees serious risks in how the tax base would be determined. The property magnate talked to local business daily HVG and shared that he primarily expects the new government to stop unpredictable and often ad-hoc regulations.
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News - Indotek sells Cybernetyki Office Center in Warsaw
11
Dec
2025

Indotek sells Cybernetyki Office Center in Warsaw

by Property Forum
Indotek Group has sold the Cybernetyki Office Center office building in Warsaw, as part of the company's strategy of optimising its regional office portfolio, responding to market dynamics in CEE and capitalising on growing demand for repurposing existing office buildings.
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News - Budapest shopping centre to undergo major renovation starting 2027
14
Nov
2025

Budapest shopping centre to undergo major renovation starting 2027

by Property Forum
The Duna Plaza shopping centre in Budapest will undergo a comprehensive renovation as part of an investment by Indotek Group. The redevelopment will expand the building beyond existing retail areas to include community meeting and experience centre functions, with construction expected to begin in early 2027 and the mall reopening in 2029.
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News - Indotek Group opens Vienna office for private equity expansion
10
Nov
2025

Indotek Group opens Vienna office for private equity expansion

by Property Forum
Indotek Group is expanding its Western European office network with a new Vienna office. The company has been expanding in Western and Southern Europe for over a decade, and the Austrian office will also serve as the first regional private equity investment centre for the Budapest-based group.
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News - Indotek Group buys €43.5 million Spanish property portfolio
18
Sep
2025

Indotek Group buys €43.5 million Spanish property portfolio

by Property Forum
Budapest-based real estate investor and asset manager Indotek Group announced it has acquired a Spanish portfolio of 524 residential and commercial properties worth €43.5 million. The deal was structured as a transaction involving both non-performing loans (NPL) and real estate assets.
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News - Indotek Group snaps up retail galleries in Greece
07
May
2025

Indotek Group snaps up retail galleries in Greece

by Property Forum
Indotek Group has announced the acquisition of three retail galleries in Greece, as part of a strategic push in Southern Europe.
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News - Indotek Group names Florian Nowotny as Group CFO
28
Mar
2025

Indotek Group names Florian Nowotny as Group CFO

by Property Forum
Pan-European property investment conglomerate Indotek Group has announced the appointment of Florian Nowotny as Group CFO as of early March.
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News - Indotek sells office building in Warsaw
13
Jan
2025

Indotek sells office building in Warsaw

by Property Forum
The international investment fund Indotek Group has sold the Bokserska Office Center office building in Warsaw. The buyer is Enter Air, a Polish charter airline, which plans to move its headquarters to the purchased building. The price has not been revealed. 
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News - Indotek Group names new Head of International Transactions
03
Oct
2024

Indotek Group names new Head of International Transactions

by Property Forum
Hungarian property investor Indotek Group has announced the appointment of Philip Wood as Head of International Transactions & Asset Management, tasked with overseeing the group’s international expansion strategy, focusing on key markets in Central, Southern, and Western Europe.
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News - Indotek Group concludes retail project revamp in Târgu Mureș
02
May
2024

Indotek Group concludes retail project revamp in Târgu Mureș

by Property Forum
Indotek Group has completed a large-scale revamping of its Plaza M retail project in Târgu Mureș. The company has invested €16 million in the renovation of the shopping complex prevously branded as Promenada Mall.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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