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Amancio Ortega acquires logistics assets in Italy for around 330 million euros

Summary by El Mundo
The founder and first shareholder of Inditex, Amancio Ortega, through his investment arm Pontegadea, continues to reinforce his investments in bricks and has bought assets...

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The founder and first shareholder of Inditex, Amancio Ortega, through his investment arm Pontegadea, continues to reinforce his investments in bricks and has bought assets...

·Madrid, Spain
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The founder and first shareholder of Inditex, Amancio Ortega, through his investment arm Pontegadea, continues to expand his investments in 'brick' and has acquired logistics assets in Italy for an amount of 327 million euros, as confirmed to Europa Press in sources familiar with the transaction. This transaction, which includes assets in Milan and Rome, has been advanced by 'Green Street News'. So far this year, Ortega, which began buying logis…

·Madrid, Spain
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Amancio Ortega, founder of the textile empire Inditex, has acquired several logistics assets in Italy for 327 million euros through Pontegadea.

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Pontegadea, the investment arm of the founder and largest shareholder of Inditex, Amancio Ortega, has closed the purchase of a portfolio of logistics warehouses in Italy from the British SOCIMI Segro for 327 million euros, according to the specialized media outlet React News and confirmed by sources close to the group to ACTIVOS, the economic vertical of Prensa Ibérica.

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The founder of Inditex and one of the richest men in the world, Amancio Ortega, continues his expansion in the logistics sector with the acquisition of assets in Italy worth 327 million euros (361 million dollars), as reported by Bloomberg. The purchase, which includes strategic locations in Milan and Rome, [...] The entry Amancio Ortega expands its logistics portfolio with the acquisition of assets in Italy for 327 million euros appears first i…

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Pontegadea acquires a distribution center near Heathrow and several buildings in Rome and Milan.

·Spain
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20minutos broke the news in Madrid, Spain on Tuesday, September 10, 2024.
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