November 3, 2025

Florian Nowotny Appointed Group CFO at Indotek

Property investment conglomerate Indotek Group has announced the March 3, 2025 appointment of Florian Nowotny as Group Chief Financial Officer.

According to Indotek, Austrian corporate finance expert Nowotny “brings extensive experience in real estate finance, capital markets, and corporate management.” According to Indotek, “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, 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 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 at Indotek, Nowotny will oversee the 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 Bence Nadasdy, 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 Daniel Jellinek, Founder and 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.”

“I am honored to join Indotek Group at this exciting stage of its international development,” said Nowotny. “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 EUR 2 billion asset portfolio across 12 countries, and specializes 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.

Get the memo – every week

Essential real estate market updates, straight to your inbox.

WING and Accent Hotel Management Announce Strategic Partnership

The two companies are now establishing a joint venture to combine their knowledge and experience to provide professional hotel management and development services.

Botond Rencz Appointed President of GTC Management Board

Rencz has been with GTC since August this year, when he was appointed to the Management Board and assumed the role of Chief Business Sustainability Officer.

Well Pack Expands Lease at CTPark Budapest West

According to the developer, Well Pack Hungaria is a long-term tenant, having been in CTPark Budapest West in Biatorbagy since 2018.