ARTICLES LABELLED WITH TAG Indotek

News Indotek Group names new Sales and Leasing Director
05
Jun
2023

Indotek Group names new Sales and Leasing Director

by Property Forum
Hungarian property developer and investor Indotek Group has appointed Tamás Simon as the new Sales and Leasing Director. He will be responsible for leasing spaces in offices, warehouses and logistics centres managed by the Group. He will continue to oversee the leasing activities of the retail centres owned by Indotek. 
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News Hungary's Indotek acquires shopping centres in Spain
29
May
2023

Hungary's Indotek acquires shopping centres in Spain

by Property Forum
Hungarian real estate developer and investor Indotek Group has acquired two shopping centres, one located in Valencia and the other in Barcelona, from Socimi Merlin Properties. The amount of the transaction has not been disclosed, Forbes reports.
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News Indotek Group sells Sofitel hotel in Budapest
12
Mar
2023

Indotek Group sells Sofitel hotel in Budapest

by Property Forum
Equilor Asset Management, owned by Hungarian developer BDPST Group, will buy the Sofitel complex which consists of a 4-star hotel and an adjacent office building, local news portal index.hu reports.
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News BDPST Group to buy Hotel Gellért in Budapest
09
Dec
2022

BDPST Group to buy Hotel Gellért in Budapest

by Property Forum
Hungary's BDPST Group is set to acquire Hotel Gellért in Budapest, located in the same building as one of the city's most famous spas, from Indotek Group. The price of the transaction was not disclosed. Indotek obtained the hotel in 2019, buying the property from Danubius Hotels Group, portfolio.hu reports.
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News Indotek Group appoints International Sales Director
29
Nov
2022

Indotek Group appoints International Sales Director

by Property Forum
Indotek Group has appointed an International Sales Director to support the company's growing international presence. The position will be held by András Kovács, the company's current Sales Director, who will continue to oversee sales in Hungary. Under the appointment, the specialist will be responsible for international office (non-retail), warehouse and logistics real estate sales and leasing activities. The new position was necessitated by the dynamic growth of the company's international real estate portfolio and ambitious expansion plans.
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News Indotek Group starts revamp of Târgu Mureș shopping centre 
24
Nov
2022

Indotek Group starts revamp of Târgu Mureș shopping centre 

by Property Forum
Hungarian property investor Indotek Group is extending its facelift program to its international retail portfolio, with the renewal of the nearly 50,000 sqm Promenada Mall in Romania. The company is carrying out the modernization of the shopping centre in Târgu Mureș in two phases. 
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News Buda Bright complex reaches highest point in Budapest
25
Oct
2022

Buda Bright complex reaches highest point in Budapest

by Property Forum
Indotek Group’s first large-scale residential project in Budapest, Buda Bright, was launched in March 2021 and is planned to be handed over at the end of next year. 
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News Indotek Group buys office building in Bucharest
27
Jun
2022

Indotek Group buys office building in Bucharest

by Property Forum
Hungarian investor Indotek Group has purchased the One Victoriei Center office building in central Bucharest as part of its expansion strategy for an undisclosed sum. 
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News Hungarian investor Indotek expands to Italy
19
May
2022

Hungarian investor Indotek expands to Italy

by Property Forum
The group entered the market with the acquisition of Le Masserie shopping centre in southern Sicily and a portfolio of 13 supermarkets, located mainly in Northern Italy. 
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News More people shop in person than online at Hungarian malls
21
Apr
2022

More people shop in person than online at Hungarian malls

by Property Forum
Most customers no longer visited shopping centres for traditional shopping purposes only, a non-representative survey conducted by Indotek Group revealed.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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