Amancio Ortega buys Amazon’s largest logistics center in Ireland for 225 million

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Amancio Ortega, founder and first shareholder of Inditex, through its investment arm PontegadeaIt has purchased a logistics complex at Dublin’s Baldonnell Business Park, whose main tenant is Amazon, for 225 million euros, sources familiar with the operation confirmed to Europa Press.

This is Ortega’s first logistics operation in Ireland, where it already has other assets.

The logistics complex in question, which has five tenants with long-term contracts, was until now owned by the industrial and logistics real estate developer. mount parkAccording to ‘The Irish Times’ newspaper.

The logistics complex has an area of ​​approx. 120,000 square meters Amazon is the tenant with the highest volume and surface area. 63,000 square meters.

In this way, Pontegadea continues its real estate investments after entering 2019. 2.217 million euros The dividend received from Inditex last year for this concept was over 1.718 million.

Inditex’s founder donated part of the investment dividends What you bought from Inditex in the real estate sector.

Ortega owns the largest Spanish real estate company, focusing on the acquisition and management of large buildings, with a real estate portfolio consisting mostly of office and non-residential buildings, located in the center of major cities in Spain. Spain, United Kingdom, United States and Asia.

Amancio Ortega continues to lead the rankings ForbesIncreased net worth after increasing wealth by 53% compared to 2022 81.8 billion euros, That’s more than double the wealth of the other ‘top 10’ combined.

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