Nowotny has extensive experience in real estate finance, capital markets, and corporate management. 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 (CA Immo), 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 (NPLs) 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, Nowotny oversees Indotek Group’s financial operations, including international financing, risk management, accounting, taxation, and controlling. He also manages relationships with investors and financial service providers, working closely with Bence Nádasdy, 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 Dániel Jellinek, founder-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.”

Nowotny added: “I am honored to join Indotek Group at this exciting stage of its international development. 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, specializing 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 sqm of gross leasable area, including the management of more than 70 shopping centers and retail units.