ARTICLES LABELLED WITH TAG Indotek

News Indotek closes purchase of Serbian portfolio from GTC
12
Jan
2022

Indotek closes purchase of Serbian portfolio from GTC

by Property Forum
Indotek Group has completed the acquisition of 11 office buildings in 5 business parks in Belgrade from GTC. With the closing of one the recent years’ largest transactions in CEE, Indotek Group has further strengthened its position in the regional real estate market and is now present in 12 countries.
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News Indotek Group to buy office building in Bucharest
27
Oct
2021

Indotek Group to buy office building in Bucharest

by Property Forum
Hungarian Indotek Group is in advanced negotiations to purchase the office building One Victoriei Center in Bucharest. 
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News Indotek completes renovation of three malls in Hungary
08
Oct
2021

Indotek completes renovation of three malls in Hungary

by Property Forum
Indotek Group has modernised three of its malls, Szeged Plaza, Kaposvár Plaza and Szolnok Plaza, for nearly HUF 2 billion. The property group began its shopping mall renovation programme with the aim of creating buildings even more in line with the needs of tenants and shoppers by modernising the external façades and interior spaces. The three updated malls now await visitors with a modern exterior, a new environment, and new stores and services.
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News Indotek may become minority owner of Hungarian Auchan stores
01
Sep
2021

Indotek may become minority owner of Hungarian Auchan stores

by Property Forum
Indotek Group, a holding of Hungarian businessman Dániel Jellinek, could become a minority investor in the companies that own the Auchan stores in the country.
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News Indotek plans to spend a lot more on international expansion
28
May
2021

Indotek plans to spend a lot more on international expansion

by Ákos Budai
Hungarian investor Indotek Group is ready to spend hundreds of millions of euros on diversifying its portfolio geographically. Krisztián Hornok, Transaction Director and Florin Tirla, Country Head for Romania & Bulgaria shared with Property Forum the details of the company’s ambitious international expansion strategy and also discussed the pandemic’s effects on the attractiveness of different asset classes.
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News GTC sells Serbian office portfolio to Indotek Group
24
May
2021

GTC sells Serbian office portfolio to Indotek Group

by Property Forum
Globe Trade Centre has decided to sell its Belgrade office portfolio to the Hungarian investor Indotek Group. The proposed acquisition price is €267.6 million, exceeding the book value of GTC’s Serbia portfolio as of 31 December 2020. The agreement will cover the sale of 11 buildings within 5 business parks of a total 122,175 sqm GLA with high occupancy rates, located in the New Belgrade district. Once completed in Q3 2021, the sale will become one of the largest real estate transactions in the last 5 years on the CEE market.
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News Immofinanz sells four Warsaw office buildings to Indotek
09
Apr
2021

Immofinanz sells four Warsaw office buildings to Indotek

by Property Forum
Immofinanz has sold four office buildings in Warsaw to the Indotek Group, a Hungarian real estate firm. The buildings have a total rental space of approximately 45,300 sqm. The sales price amounts to €72.5 million.
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News Diófa Asset Management appoints new officials
06
Apr
2021

Diófa Asset Management appoints new officials

by Property Forum
Hungarian investor Diófa Asset Management has appointed new senior officials, including a new CEO, deputy CEO and chairman, the company announced. Following the recently completed acquisition of Diófa, Indotek Group expects the fund manager to secure a substantial market share in Hungary and increase its presence in the CEE region.
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News Indotek plans new acquisitions in Romania
02
Mar
2021

Indotek plans new acquisitions in Romania

by Property Forum
Internationally expanding Hungarian company Indotek Group is looking at new investment opportunities on the Romanian market. Florin Tirla, Country Head Romania & Bulgaria at Indotek Group talked to Property Forum about the company’s plans and shared his expectations for the future of the office and retail markets.
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News Mid Europa to sell shares in Waberer's to Hungary's Indotek
19
Oct
2020

Mid Europa to sell shares in Waberer's to Hungary's Indotek

by Property Forum
Mid Europa Partners, a private equity investor in Central and Eastern Europe, announced an agreement to sell 24% of the issued share capital in Waberer's International Nyrt. to Trevelin Holding Zrt. (member of Indotek Group). It also granted a call option to Indotek over Mid Europa's remaining 47.99% of the issued share capital. The transaction is subject to customary anti-trust clearance and is expected to close by the end of the first quarter 2021.
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Latest news


New leases

  • Modesta Real Estate has found a new office location for one of the leading suppliers of LPG in Slovakia. FLAGA, part of UGI International, will move into about 300 sqm in the Westend Business Zone close to the city centre of Bratislava in May 2023.
  • Szerémi Office Building in Budapest welcomed an unnamed new tenant which has signed a long-term lease agreement for 1252 sqm of space in the property. The complex of three interconnected buildings provides a total floor space of nearly 10,500 sqm.
  • Kucera Logistics Group Sp. z o.o Sp. K. has decided to open a new distribution centre at Panattoni Park Pruszków V. The tenant will occupy nearly 3,300 sqm of warehouse and office space in the new location. AXI IMMO represented Kucera Logistics Group in the transaction.

New appointments

  • CPI Property Group has appointed Karol Klin as Head of Office Leasing in Warsaw from the 1st of February. He is a recognised specialist in the commercial real estate sector. He gained more than 20 years of experience in such companies as Cornerstone, Globalworth, Echo Investment, Skanska and GTC.
  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.


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