Amancio invests again in the US – Idealista / news

Inditex founder, Amancio Ortega, through his investment arm Pontegadea, continues his real estate investments and The deal to buy a luxury skyscraper in New York closed for about 500 million dollars (505 million euros), according to Pontegadia sources.

Specifically, the building that Ortega acquired, at 19 Dutch Street, is a 64-story luxury tower in New York City’s financial district, owned by Carmel Partners.

So far this year, the founder of Inditex has bought an office building in Glasgow (Scotland) for 200 million pounds (about 237 million euros), as well as the famous Royal Bank Plaza skyscraper in Toronto (Canada) for about 1150 million Canadian dollars. dollars (more than 874 million euros).

Other US logistics assets have been added to these assets: a platform operated by FedEx in Menomoney Falls, Wisconsin for $35 million (about €34 million) and a distribution center in Philadelphia (Pennsylvania), In the amount of 148 million dollars (about 147 million euros).

After these acquisitions, Ortega is considering buying the future headquarters of Meta, the group that includes Facebook, Instagram and WhatsApp, in Dublin, for 550 million euros.

In the event of the implementation of the operation, and the progress of negotiations on it, Ortega will become the owner of the Fibonacci Square office project, with an area of ​​​​100,000 square meters, six buildings and Capacity to accommodate 8000 people.

The founder of Inditex invests part of the profits he receives from the textile company in the real estate sector through his investment company Pontegadea Inmobiliaria.

Ortega owns the largest Spanish real estate company, focused on the purchase and management of large buildings, with A portfolio of real estate assets consisting primarily of office buildingsnon-residential, located in the center of major cities in Spain, the United Kingdom, the United States and Asia.

See also  UK inflation hit 11.1% annually in October, the highest rate in 41 years

Leave a Reply

Your email address will not be published. Required fields are marked *