Zara Owner Ortega Buys $550 Million Madrid Skyscraper

Amancio Ortega, Europe’s richest man and founder of global fashion group and Zara owner Inditex, has bought one of Madrid’s most famous skyscrapers for 490 million euros ($551 million) through his property investment arm, a source said. The purchase marks another step in the famously-reclusive billionaire’ s strategy to build a property empire through Pontegadea…

http://fortune.com/2016/10/01/ortega-buys-madrid-skyscraper/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s