Amancio Ortega continued his investments in the US and bought a skyscraper in Seattle for over 300 million

MADRID, 15 (EUROPA PRESS)

Inditex founder Amancio Ortega, through his investment arm Pontegadea, continues his real estate investments in the United States and has closed the purchase of a luxury residential skyscraper in Seattle for 324 million dollars (about 305 million euros). , as reported to Europa Press by sources in Pontegadea.

Specifically, the building acquired by Inditex’s founder, near Amazon’s headquarters, is the Kiara tower, with 461 rented apartments.

According to US publication The Business Journal, Ortega is strengthening its operations in Seattle, where he has invested nearly 1,500 million dollars (1,412 million euros).

Last October, the Inditex founder also closed his purchase of a luxury New York skyscraper apartment for close to 500 million dollars (505 million euros).

So far this year, Inditex founders have purchased an office building in Glasgow (Scotland) for 200 million pounds (about 237 million euros), as well as the iconic Royal Bank Plaza skyscraper in Toronto (Canada) for around 1,150 million Canadians. dollars (over 874 million euros).

Other logistics assets in the United States were added to these assets: the platform occupied by the FedEx company in Menomonee Falls in Wisconsin for an amount of 35 million dollars (about 34 million euros) and a distribution center in Philadelphia (Pennsylvania), for an amount of 148 million dollars (about 147 million euros).

Inditex’s founder invests part of the dividends he receives from textile companies in the real estate sector through his investment company Pontegadea Inmobiliaria.

Ortega owns Spain’s largest real estate agency, focused on buying and managing large buildings, with a portfolio of real estate assets consisting primarily of non-residential office buildings located in the centers of major cities in Spain, the United Kingdom, the United States and Asia. .

Roderick Gilbert

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

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