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Home Countries Hungary

Philip Wood Joins Indotek

David Stuckey by David Stuckey
October 4, 2024
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Philip Wood Joins Indotek
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Indotek Group has announced that Philip Wood has joined the company as its new Head of International Transactions & Asset Management.

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Wood brings over 25 years of experience in the European real estate sector to Indotek. He previously held senior leadership roles at Macquarie Asset Management and GLL Real Estate Partners, where he oversaw a wide range of real estate investment and asset management activities. Most recently, as Head of European Transactions at Macquarie, he led a team responsible for facilitating capital deployment and growing assets under management across European markets. “Under his leadership,” according to Indotek, “his team successfully completed over EUR 1 billion in office, logistics, and retail acquisitions across Italy, France, Spain, and Poland. He also played a pivotal role in developing and executing acquisition and disposal strategies for managed funds and accounts, ensuring long-term value creation.”

Earlier in his career, Philip served as Head of CEE Transactions & Asset Management at GLL, where he was responsible for the overall management of a EUR 1.5 billion portfolio. Indotek reports that he has completed over 60 major transactions worth more than EUR 4 billion across European markets, and says that “he brings deep expertise in deal origination, asset management, and strategic portfolio growth.”

Indotek, which started business in Hungary over 20 years ago, has since expanded across the region. According to the company’s website, its portfolio includes over 30 office buildings and “some 100” logistics parks, industrial halls and warehouses, covering more than 1.7 million square meters of buildable and leasable area. The company also operates more than 20 shopping centers in Budapest and the Hungarian countryside. The properties operated by Indotek accommodate over 3,500 tenants.

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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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Recent Posts

  • Panattoni Sells Two Warsaw-Area Logistics Parks to Octane Capital Partners and Peakside Capital Advisors
  • Capitalica Asset Management Launches Verde Expansion in Riga
  • Intermarche Opens Warehouse at Panattoni Park Sosnowiec IV
  • ZF Signs Lease for Facility at Panattoni Park Ostrov North in Karlovy Var
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