Amancio Ortega, founder of Inditex Pontegadeaa platform occupied by the company FedEx As reported by local media BizTimes, in Menomonee Falls in Wisconsin (United States) for $35 million (approximately 34 million euros).
With this purchase from the American company Real Estate Income, Headquartered in San Diego, Ortega is expanding its investments and entering the United States logistics market after purchasing a luxury apartment skyscraper in New York for $500 million (approximately €484 million).
Other recent operations of the founder of Inditex, announced at the end of July, were the acquisition of 49% of the photovoltaic complex.KappaAcquisition of Repsol in Manzanares (Ciudad Real) for 27 million euro and acquisition of 5% of Enagás Renovable.
The Pontegadea Group, which brings together all the holding companies owned by Amancio Ortega, subsidiaries dedicated to the real estate business and other financial conglomerates, is celebrating the 2021 financial year in one. 1.606 million net profit euro, which means multiplied by more than two obtained a year ago 666 million euros
Said profit includes the results from the sale of the tower section. Telxius According to the investment arm of the founder of Inditex, which recorded a capital gain of approximately 331 million euros for the operation in question, to the American Tower, which took place in January 2021.
Turnover total 1.970 million
Likewise, the Pontegadea group closed the 2021 financial year with a turnover of 1,970 million euros. 53.7% increase Regarding the fiscal year 2020.
Turnover consists of dividends received from Inditex and other invested companies, and income generated by the management of the group’s real estate portfolio.
Thus, 1,294 million euros Dividends from InditexIn 2021, 29 million from other invested companies and 647 million from the real estate business were added.
The consortium’s real estate portfolio closes 2021 with a market valuation of 15,264 million euros. independent assessments made in each of the markets.
The founder of Inditex invests some of the dividends he receives from the company. textile company in the real estate sector through the investment company Pontegadea Inmobiliaria.
In fact, Ortega owns the largest Spanish real estate company. real estate asset portfolio consists mainly of non-residential office buildings located in the center of major cities in Spain, the United Kingdom, the United States and Asia.