Amancio Ortega, founder and first shareholder of Inditex, has purchased an automated Walmart logistics center in California (USA) for $109 million (€98.9 million), as sources familiar with the operation confirmed to Europa Press. Special, Ortega, through its investment arm Pontegadea, has completed the acquisition of this 30,000 square meter logistics center located in the Inland Empire region.In Southern California, the ‘Commercial Observer’ specializing in real estate, according to US media.
This operation comes a year after Zara’s founder made his first move into logistics by purchasing a FedEx platform in Wisconsin (United States) for approximately €825 million and a second logistics asset, specifically a distribution center in Philadelphia (Pennsylvania). , for about 147 million euros. Ortega has also recently acquired in Europe in its commitment to logistics.To be held in the Netherlands at the end of June with the first logistics ship in the ‘old continent’ for approximately 105 million euros. This 103,000 square meter logistics platform property is located in the Dutch town of Venlo, which is leased to transport and logistics firm DSV until 2033.
Ortega entered a total of 1,108.5 million euros on May 2 for Inditex’s first fee of the year to its shareholders; this is half of what he will receive from the Galician firm in dividends this year.The businessman will receive a dividend of 2,217 million Euros from the company this year, up from the 1,718 million Euros he received for this concept last year.The founder of Inditex invests some of the dividends he receives from the textile company in the real estate sector through his investment company Pontegadea Inmobiliaria.
Ortega owns the largest Spanish real estate agency focused on the acquisition and management of large buildings, with a portfolio of non-residential office buildings located in the heart of major cities in Spain, the UK and the UK. USA and Asia..