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Zara founder Amancio Ortega's investment firm, Pontegadea, has acquired five logistics centers from Realty Income Corp. for $722M, in a deal first reported by the Spanish daily El Pais. The ...
Pontegadea Group, a real estate investing firm controlled by the Ortega family, which owns fashion companies including Zara, has closed on the 49-story, 483-unit rental building for $487.5 million ...
The latest international Pontegadea Inversiones SL news and views from Reuters - one of the world's largest news agencies Skip to main content Exclusive news, data and analytics for financial ...
In fact, from 2016 to 2019, Pontegadea invested $2.5 billion in U.S. office assets—among them, two Seattle office blocks leased to Amazon acquired for $740 million and two office buildings in ...
The Italy deal came just days after Pontegadea made its U.K. logistics debut, when it acquired a 170,000-square-foot warehouse on the edge of London's Heathrow Airport for 65 million pounds ($84.8 ...
Pontegadea, the Ortega family's investment vehicle, controls a 59.29% stake in Inditex and manages a portfolio of property investments that include buildings in New York, ...
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Billionaire Zara Founder Pays €327 Million for Italy Logistics - MSNPontegadea began buying up logistics assets in 2022, spending nearly $1 billion on warehouses in US states including California, Texas and Pennsylvania. Most Read from Bloomberg.
An affiliate of Ortega’s Pontegadea paid a cool $113 million for Bridge Point Cold Logistics Center, a 312,000-square-foot warehouse at 3995 West 108th Street, records and Vizzda show.
And Pontegadea also owns the 216-room Eurostars Magnificent Mile hotel in River North, which it bought for $73 million in 2019. The hotel business in 2021 was fined $10,000 by the city after 42nd ...
Amancio Ortega, the billionaire founder of the Zara clothing chain, has agreed to buy New York’s 19 Dutch apartment building.. Ortega’s holding firm Pontegadea has reached an accord to acquire ...
Zara founder Amancio Ortega's investment firm Pontegadea almost tripled its investments in renewable energy projects last year, building on its push to diversify the Spanish billionaire's fortune ...
Pontegadea channels the dividends Ortega, 86, receives from his 59% stake in fast-fashion giant Inditex to a portfolio focused on premium commercial and residential real estate in cities from ...
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