Amancio Ortega, Amazon homemaker after buying part of Seattle headquarters for 650 million - La Provincia

The founder of the textile giant Inditex,Amancio Ortega, will become the home ofAmazononce you close thepurchase of part of the headquarters of the electronic commerce firmin Seattle in an operation valued between 740 and 750 million dollars (between 650 and 656 million euros).
According to Europa Press informed sources familiar with the transaction, the Galician entrepreneur, through his investment firm Pontegadea Inmobiliaria, finalizes what will beyour biggest purchase in the United Statesand the second largest in its history, after the one held last July in London.
On this occasion, Ortega plans to acquire the asset called Troy Block, composed of two buildings and which in turn are part of the 40 properties on the Amazon campus, owned by USAA Real Estate, the real estate branch of the insurer linked to the United States Army. United, according to the Cinco Días on Tuesday, citing the specialized publication Real Estate Alert.
Ortega will materialize his second biggest purchaseuntil now after acquiring this summer the Adelphi building in London to Blackstone for an amount close to 600 million pounds (about 682 million euros at the time).
The founder of Inditex, which invests part of the dividends it receives from the textile company in the real estate sector,owns the largest Spanish real estate, focused on the purchase and rental of large buildings, which has a portfolio of real estate assets mainly composed of office buildings, non-residential, located in the center of large cities in Spain, the United Kingdom, France, the United States and Asia.
Thus, the fair value of the group of the real estate portfolio of the group amounted to 8,759 million euros, as reflected in the 2017 annual accounts.