Indotek Group buys major Spanish NPL property portfolio

Daniel Jellinek, CEO of Indotek Group, commented: "The acquisition is an important step in our strategic expansion in Western Europe and complements our existing portfolio in Spain. It also adds to Indotek Group's successful track record in executing complex NPL and distressed asset deals with international partners and offers the opportunity to apply our value creation approach to underperforming portfolios." Daniel Jellinek , CEO of Indotek Group, commented:"The acquisition is an...

Spain, 18/09/2025 (informazione.news - comunicati stampa - servizi)

, CEO of Indotek Group, commented:

The acquired portfolio has a current market value of approximately , with over , including , complemented by ancillary units such as parking spaces, outbuildings, and select commercial properties.

The portfolio is geographically diversified across Catalonia / Cataluña (40%), the Community of Madrid / Comunidad de Madrid (18%), the Community of Valencia / Comunidad Valenciana (15%), and Andalusia / Andalucía (11%).

, Head of Transactions for Spain and Portugal at Indotek Group, said:

Indotek is cooperating with , a local partner recently acquired by BCM Global, in evaluating, pricing, and clearing the portfolio and is actively exploring further NPL and distressed asset opportunities in Spain . In parallel, the Group is assessing new pipeline deals across Portugal , Italy , and selected Central European markets, aiming to leverage its established cross-border asset management and servicing capabilities.

, Director of NPL Investments at Indotek Group.

Indotek Group is an established player in the Spanish real estate market, with a portfolio valued over EUR 230 million spanning hospitality, retail, and now residential and mixed-use assets. Its holdings include retail properties such as shopping center in Castilla y León (acquired from in 2024), in Barcelona , and in Valencia . Its hospitality portfolio comprises seven seaside hotels with more than 1,680 rooms.

The transaction reflects Indotek's European investment strategy, focused on revitalizing underperforming assets, diversifying cash flow, and pursuing value-add opportunities across its 12-country footprint.

The transaction was advised by (legal) and (financial) for Indotek Group. acted as the sell-side advisor, supported by and as legal counsel.

Headquartered in Budapest, Hungary , Indotek Group is an emerging European real estate investment and asset management company with a diversified portfolio of over 350 properties in 12 countries, spanning commercial, retail, hospitality, industrial and logistics, and residential sectors. The Group specializes in revitalizing and repositioning distressed or underperforming assets, with a strategic focus on sustainable growth and long-term value creation.

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