Amancio Ortega added the BBC’s former headquarters to his real estate ’empire’

The Inditex founder continues to increase his real estate portfolio and close new acquisitions. Specifically, through its investment arm Pontegadeahas completed the acquisition of the former BBC headquarters by around 93 million euros (about 82 million pounds), as confirmed by media such as Europa Press. The building thus acquired was owned by Abrdány and was located at 33 Foley Street in London.

The operation materialized a few days after the purchase Another 120 luxury apartment buildings in Dublin’s south docklands more than 100 million euros. In particular, property acquired in the capital of Ireland is called Work, has 24 one-bedroom apartments, 74 two-bedroom apartments and 22 three-bedroom apartments, priced at 841,666 euros respectively. Ortega purchased the property from New York-based Angelo Gordon’s fund and its local partner, Carysfort Capital.

The Inditex founder has invested part of the dividends he receives from the textile giant, just this year he will receive 2.2217 million euros, in the real estate sector through his investment company Pontegadea Inmobiliaria. In this way, Ortega has turned him into the largest real estate agency in the countryfocuses on buying and managing large buildings, with an asset portfolio consisting primarily of non-residential office buildings, located in the heart of major cities in Spain, the UK, the US and Asia.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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