Indotek Group appoints top Austrian finance strategist Florian Nowotny as Group CFO

Pan-European property investment conglomerate Indotek Group is pleased to announce the appointment of Florian Nowotny as Group Chief Financial Officer (CFO), as of March 3, 2025. The strategic hire of the renowned Austrian corporate finance expert underscores Indotek's commitment to advancing its European growth strategy.   Mr. Nowotny brings extensive experience in real estate finance, capital markets, and corporate management. He previously held senior roles in investment banking at UniCredit and Citi, specializing in mergers and acquisitions and capital markets transactions. He later served as CFO and Executive Board Member of the Vienna-listed commercial property company CA Immobilien Anlagen AG (CA Immo), where he managed financing, accounting, controlling, and investor relations. His most recent roles include CEO of DDM Holding AG, a Swiss-based investment firm specializing in non-performing loans (NPLs) and distressed assets across Central and Eastern Europe, and Senior Advisor at global professional services firm Alvarez & Marsal, focusing on the real estate sector. Since 2017, he has also served as a Non-Executive Director on the Board of Directors of Malta International Airport.   In his new role, Mr. Nowotny will oversee Indotek Group’s financial operations, including international financing, risk management, accounting, taxation, and controlling. He will also manage relationships with investors and financial service providers, working closely with Dr. Bence Nádasdy, who will continue as Hungarian CFO.   "Florian's deep expertise in international real estate finance and corporate transactions will be instrumental as we accelerate our expansion across Europe," said Dániel Jellinek, Founder-CEO of Indotek Group. "His leadership will enhance our financial strategies and strengthen our investor relations, both of which are crucial to achieving our long-term objectives."   Mr. Nowotny added: "I am honored to join Indotek Group at this exciting stage of its international development. I look forward to working with the team to drive value creation and support the company’s ambitious growth strategy across key European markets."   Indotek Group manages a €2 billion asset portfolio across 12 countries, specializing in high-traffic retail properties, hospitality and industrial assets, logistics hubs, and residential developments. The company manages a portfolio of more than 350 properties, encompassing over 2.5 million square meters of gross leasable area, including the management of more than 70 shopping centers and retail units. Indotek Group continues expanding its European presence by leveraging its commercial real estate and strategic investments expertise. The Group’s track record of successfully revitalizing aging commercial assets has positioned it as a leading player in regional and emerging European markets for complex real estate rehabilitation.   About Indotek Group   Indotek Group is one of Hungary’s leading investment management groups. Its core activities focus on private equity, real estate-backed non-performing loan portfolios, and real estate investments—including the acquisition, development, operation, and sale of industrial, commercial, and residential properties, as well as hotels and office buildings. The foundation of the Group’s success lies in its strategic approach to risk-taking and risk management, coupled with long-term planning, which together enable outstanding returns on investment. With more than 620 employees, Indotek Group owns over 350 properties in 12 European countries and continues to strengthen its presence across the region. Its diversified portfolio includes over 50 office buildings, more than 70 shopping centers and retail parks, numerous hotels, and a wide range of industrial and warehouse properties. The total built-up area of the Group’s assets exceeds 2.5 million square meters, supported by a portfolio of more than 5,000 active lease agreements.Beyond real estate, the Group is also active in several other industries, seeking to leverage synergies across its affiliated businesses.