Amancio Ortega continues his investments in the United States and buys a skyscraper in Seattle for more than 300 million

MADRID, 15 Dec. (EUROPA PRESS) –

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

Specifically, the building acquired by the founder of Inditex, near the headquarters of Amazon, is the Kiara tower, with 461 rental apartments.

According to the American publication The Business Journal, Ortega is thus strengthening its operations in Seattle, where it has already invested nearly 1,500 million dollars (1,412 million euros).

Last October, the founder of Inditex also completed the purchase of a luxury apartment skyscraper in New York for nearly 500 million dollars (505 million euros).

So far this year, the Inditex founder has bought 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 approximately 1,150 million Canadians. dollars (more than 874 million euros).

In addition to these assets, there are other logistics assets in the United States: a platform occupied by FedEx in Menomonee Falls, Wisconsin for an amount of 35 million dollars (around 34 million euros) and a distribution center in Philadelphia (Pennsylvania), for an amount of 148 million dollars (approximately 147 million euros).

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

Ortega has the largest Spanish real estate agency, focused on the purchase and management of large buildings, with a portfolio of real estate assets consisting mainly of non-residential office buildings located in the centers of major cities in Spain, the Kingdom UK, US and Asia. .

Alvin Nguyen

"Amateur introvert. Pop culture trailblazer. Incurable bacon aficionado."

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