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Top related persons:
Amancio Ortega - 2 Ortega - 2 Inditex - 2 Pontegadea - 2 there's - 1 Charles Koch - 1 Michael Dell - 1 Walton - 1
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Zara Chicago Manhattan Seattle Wall Silicon Cook County Meta's
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Seattle HQ - 1 Toronto's Royal Bank - 1 Service - 1 Madison - 1 Chase Bank - 1 Bloomberg - 1 Pontegadea - 1 Meta's Seattle - 1

Search resuls for: "Pontegadea"


5 mentions found


☆ Zara's billionaire founder – one of the world's richest people – has just bought a $232 million luxury Chicago apartment tower
  + stars: | 2023-08-23 | by ( Grace Dean | ) www.businessinsider.com   time to read: +2 min
Amancio Ortega has purchased a 45-story Chicago apartment tower. Ortega, founder of Zara parent company Inditex, splashed out $232 million on the property. Pontegadea, Ortega's family office, bought the 45-story 727 West Madison property, a company spokesperson told Insider. AdvertisementAdvertisementPrices start at $2,166 a month for a studio, rising to $6,083 for the most expensive apartment available, a three-bed. Ortega is the world's 14th richest person, with an estimated net worth of around $75.2 billion, the Bloomberg Billionaires Index shows.
Persons: Amancio Ortega, Ortega, there's, Charles Koch, Michael Dell, Walton, Inditex Organizations: Seattle HQ, Toronto's Royal Bank, Service, Madison, Chase Bank, Bloomberg, Pontegadea, Meta's Seattle, Royal Bank Plaza Locations: Chicago, Zara, Manhattan, Wall, Silicon, Cook County, Meta's, Toronto
☆ Zara founder Ortega's real estate fortune hit $20 bln in 2022
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +1 min
MADRID, July 27 (Reuters) - The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex (ITX.MC), on Thursday reported a 2.8 billion-euro jump in the market value of its real estate assets last year, to 18.1 billion euros ($20.08 billion). The United States, where Inditex plans to open more of its Zara stores, has been one of Ortega's main markets. Pontegadea booked a net profit of 2 billion euros last year, up from 1.6 billion euros in 2021, mainly due to dividends from Inditex, which soared as its key brand Zara quickly recovered from the COVID-19 pandemic. Pontegadea, which for years mainly focused on real estate, has also been looking into energy companies, buying stakes in solar plants, electricity grid operators and wind farms. ($1 = 0.9038 euros)($1 = 0.9015 euros)Reporting by Corina Pons; editing by Catarina Demony and Andrei KhalipOur Standards: The Thomson Reuters Trust Principles.
Persons: Amancio Ortega, Ortega, Pontegadea, Corina Pons, Catarina Demony, Andrei Khalip Organizations: Fedex, Thomson Locations: MADRID, United States, New York, Seattle, Zara, Inditex
☆ Zara founder buys luxury apartment building in Dublin for $108 million
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +1 min
MADRID, March 31 (Reuters) - Spanish billionaire and Zara founder Amancio Ortega has bought a luxury residential building with 120 apartments for rent in Dublin, Ireland, for around 100 million euros ($108 million), his private firm Pontegadea said on Friday. It is the first residential building that Ortega's firm has bought outside the United States, Pontegadea said, adding it was part of its strategy to invest in multiple real estate assets. The Opus 6 Hanover Quay building is at the heart of Silicon Docks, the nickname for Dublin's business and technology district, and offers luxury apartments and townhouses for long-term rent, according to the building's website. Pontegadea has focused on investing in real estate assets worldwide and in Spain's energy infrastructure. ($1 = 0.9189 euros)Reporting by Corina Pons Editing by David Latona and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
☆ Zara founder buys Seattle skyscraper for $323 million
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: +1 min
MADRID, Dec 15 (Reuters) - Spanish billionaire and Zara founder Amancio Ortega has bought a residential skyscraper in Seattle for $323 million, his private firm Pontegadea said on Thursday. Ortega, the main shareholder of fashion giant Inditex (ITX.MC) and one of the world's 30 wealthiest entrepreneurs, signed the deal yesterday through his family office, Pontegadea added. Kiara tower, located in Seattle's South Lake Union neighbourhood in the United States, has 461 luxury apartments and is 133 metres tall. The purchase follows a $500-million investment in a 64-floor skyscraper of luxury apartments in New York's Financial District. Just this year, Ortega's investment vehicle also bought Royal Bank Plaza, a landmark skyscraper in Toronto, and one of the largest single-office buildings in Scotland.
☆ Miliardarul spaniol a devenit cel mai mare investitor din real-estate-ul european
  + stars: | 2020-07-07 | by ( On | In | ) omniapres.md   time to read: +2 min
După ce a făcut o avere în industria modei, miliardarul spaniol Amancio Ortega şi-a îndreptat atenţia către imobiliare, devenind cel mai mare investitor din domeniu dintre super-bogaţii Europei, anunţă Bloomberg. Proprietăţile miliardarului spaniol au crescut până la 15,2 miliarde de euro, a anunţat compania sa marţi, pentru prima dată. Fiul unui lucrător feroviar, Ortega are o avere netă de 58,5 miliarde de dolari, potrivit indicelui Bloomberg Billionaires Index, cea mai mare parte provenind din pachetul său majoritar din Inditex. Averea sa a scăzut cu mai mult de o cincime în acest an, ca urmare a pandemiei, care a obligat Inditex să închidă magazine. În afară de bunurile imobiliare, Ortega a investit şi în energie şi telecomunicaţii, achiziţionând un pachet de 5% în Enagas anul trecut.
Persons: Amancio, ., Achiziţiile, Pontegadea, Inditex Organizations: Amancio Ortega, Ortega, Zara Inditex SA, Facebook Locations: Europei, Zara, Spania, SUA, Building, Manhattan, Miami, Chicago, Washington, Seattle, Amazon.com, The
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