At the end of October 2024, GESTOR Investment Ltd successfully completed the buyout of its joint ventures with Indotek Group in Spain and Portugal. As a result of the transaction, GESTOR Spain and GESTOR Portugal are now wholly owned by GESTOR Investment Ltd., solidifying the company’s independent presence in the Iberian Peninsula’s real estate market.
This acquisition empowers GESTOR to fully concentrate on its independent strategic vision. With over a decade of experience in the Spanish and Portuguese real estate sectors, the company aims to optimize its existing portfolio while exploring new investment opportunities, particularly in the retail and logistics real estate markets.
“This acquisition is more than just a business transaction; it represents a significant milestone for GESTOR,” said András Gero, Owner and CEO of GESTOR Investment Ltd. “It reaffirms our long-term commitment to the Iberian Peninsula while allowing us to shape our future entirely according to our own vision.”
Looking ahead, GESTOR’s long-term ambition is to expand its market share on the Iberian Peninsula by leveraging its existing portfolio. The company remains dedicated to enhancing properties with stable lease agreements, driving sustainable growth, and contributing to the region’s economic development.
Image source - Pexels.
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