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Zara founder Amancio Ortega’s private investment firm is on a global deal spree, picking up a string of trophy assets in recent weeks as he seeks to deploy his expanding fortune to avoid wealth taxes.
LONDON] Zara founder Amancio Ortega’s private investment firm is on a global deal spree, picking up a string of trophy assets in recent weeks as he seeks to deploy his expanding fortune to avoid ...
The five-star hotel acquisition is a rare hospitality play for the Zara founder and Spain’s wealthiest individual.
Amancio Ortega, the billionaire founder of the Zara clothing chain, is in talks to buy an office building in Miami for €235 million ($275 million).
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 ...
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 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 ...
Pontegadea, which owns 59.3% of Zara parent Inditex SA, had a net income of 1.8 billion euros for 2019, including 1.64 billion euros in Inditex dividends and 621 million euros from real estate assets.
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 ...
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 ...
MADRID/LONDON, Nov 8 (Reuters) - Inditex (ITX.MC), opens new tab founder Amancio Ortega's investment firm Pontegadea is pushing further into renewable energy, closing in on a deal with Repsol (REP ...
Zara founder Amancio Ortega’s private investment firm is on a global deal spree, picking up a string of trophy assets in recent weeks as he seeks to deploy his expanding fortune to avoid wealth taxes.
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