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Hungarian real estate firm with government ties acquires Spanish shopping centre for EUR 50 million

Newsroom by Newsroom
September 7, 2024
in Real Estate
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Budapest-based Indotek Group, a prominent European real estate investor and asset manager, has purchased the Espacio León shopping centre in Spain for nearly EUR 50 million. The property was previously owned by the American investment firm Blackstone Inc., according to a statement released by Indotek.

Government-close Indotek Group acquires Spanish shopping centre

espacio león shopping mall spain

The Espacio León shopping centre in Spain, acquired by the Indotek Group. Photo: espacioleon.es

The acquisition, located in the Castilla y León region of Spain, was financed by Banco Santander. Espacio León, originally opened…



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