Indotek Group Names Florian Nowotny as Group CFO

Florian Nowotny has a wealth of experience in various facets of the real estate industry, such as finance, capital markets, and corporate management. He has held prestigious positions in major investment banks like UniCredit and Citi, where his focus was primarily on mergers and acquisitions as well as capital markets transactions. Moreover, he has also served as the CFO and Executive Board Member of CA Immobilien Anlagen AG (CA Immo), a commercial property company listed in Vienna. During his tenure at CA Immo, Nowotny expertly handled financing, accounting, controlling, and investor relations.

His more recent roles highlight his diversity and expertise in the field. He served as the CEO of DDM Holding AG, an investment firm headquartered in Switzerland that specializes in non-performing loans (NPLs) and distressed assets in Central and Eastern Europe. Additionally, he has been a senior advisor at Alvarez & Marsal, a global professional services firm, where he honed in on the real estate sector. Since 2017, Nowotny has also played a key role as a non-executive director on the Board of Directors of Malta International Airport.

In his current position with Indotek Group, Nowotny takes on the significant responsibility of overseeing the financial operations of the company. This includes managing international financing, risk management, accounting, taxation, and controlling. He also plays a critical role in nurturing relationships with investors and financial service providers. Working closely with Hungarian CFO Bence Nádasdy, Nowotny aims to drive the financial strategy of Indotek Group forward.

Dániel Jellinek, the founder-CEO of Indotek Group, expressed his confidence in Nowotny’s abilities, emphasizing his extensive knowledge in international real estate finance and corporate transactions. Jellinek believes that Nowotny’s leadership will play a pivotal role in bolstering the company’s financial strategies and investor relations, which are key components in the pursuit of their long-term goals.

Nowotny himself is excited about this new chapter in his career, noting the honor he feels in joining Indotek Group at a crucial juncture in its international growth. He looks forward to collaborating with the team to enhance value creation and support the company’s ambitious expansion strategy across important European markets.

Indotek Group has carved out a prominent position in the real estate market, with a staggering EUR 2 billion asset portfolio spanning 12 countries. Specializing in a range of property types such as high-traffic retail properties, hospitality and industrial assets, logistics hubs, and residential developments, the company manages over 350 properties encompassing more than 2.5 million sqm of gross leasable area. This includes the oversight of more than 70 shopping centers and retail units, solidifying Indotek Group’s status as a significant player in the European real estate landscape.