Amancio Ortega is the First fortune from Spain and Puja for being from Top 10. Only with Inditex, his Golden Eggs, Receive 98 euros per secondand that money he earns with the company of his eyes, reinvested him in Pontegadea. It is about Amancio investor armand in recent years he has dedicated himself to buying expensive buildings all over the world with a single objective: to become one of the largest homemade on the planet.
And in what we have been in 2025, 800 million euros has already been scratched.
Hotelito in Paris. Pontegadea is leaving a lot of money in buying buildings. The idea is that Amancio is homemade from his own stores, but there is a lot behind. An example is the 87,000 m² primark distribution centerowned by Pontegadea. Primark is the main rival of Inditex in Europe and its flagship store in Gran Vía in Madrid, with its 12,500 meters, also It belongs To the company of Amancio.
One of the latest acquisitions of this real estate arm is a hotel in Paris that belonged to the Spanish chain Derby Hotels. As we read in Europa Pressthe hotel is located in a historic building in the center of the French capital and Derby took him in 2007 for 75 million. Now, Pontegadea has disbursed about 97 million through the building.
And Sabadell in Florida. That amount remains in nothing if we compare it with an office tower in Florida that, as we read in ELECONOMISTthe Amancio company would also have acquired these last days. It is about Sabadell Financial Centera 30 -story building in which they are, among other offices, those of Banco Sabadell in Miami, for a whopping 275 million dollars.
As the economic environment points out, the agreement must be closed, but if it became, it would become the largest sale of offices so far this year in the southern zone of Florida.
Sabadell Financial Center in Miami
2025 of tremendous expense. These two acquisitions (again, in the absence of closing the agreement with KKR by Sabadell Financial Center) are an example that Pontegadea does not raise the foot of the accelerator. It is one of the most active real estate companies in Europe, with total assets valued at 110,000 million euros and the firm intention of not ceasing to grow.
You have to add your New “Headquarters” in Luxembourgother skyscrapers of 46 plants and 259 floors in Florida for about 165 million dollars, Offices in Dublin For 70 million dollars and another huge investment in Spain: 250 million euros for the 28,000 square meters of the Planeta Group headquarters in Barcelona.
Grupo Planeta headquarters
Everything remains at home. As we said some lines, the goal of Pontegadea – and from Amancio – is to become one of the world’s largest. Unless you have plans to take your own offices to those buildings, you acquire them to realize them, as we have seen in the case of Primark. And they are rented to the competition, to Amazon and other technological ones, to tenants in the luxury floors of Florida’s skyscrapers or their own companies.
The reason? Much of the Inditext stores around the world are on properties that are from Pontegadea. Everything remains at home and is a way of protecting against market fluctuations. If your clothing store is in your own building, They do not affect you uploads of rentFor example.
It is another way of diversifying the business, a key strategy among billionaires and that in Inditex itself we have seen with brands such as Oysho consolidating as a brand of sportswear (in principle they focused on underwear and being at home) or with their Zachaffé coffee shop chain.
Images | 1111brickellGtres
In Xataka | Millionaires found in the luxury watches a refuge value. Now the bubble has exploded
GIPHY App Key not set. Please check settings