The founder of Inditex, Amancio Ortega, finalizes the purchase of a luxury apartment skyscraper in New York for 500 million dollars.

Sources from Pontegadea have confirmed to Europa Press the existence of negotiations to take over this residential building and they hope that this operation can be completed in the coming weeks.

Specifically, Pontegadea is finalizing the acquisition of 19 Dutch, a 64-storey luxury tower in the financial district of the New York city that is currently owned by Carmel Partners, according to the newspaper ‘The Real Deal’.

This building in New York would be a new acquisition by the founder of Inditex, who so far this year has bought an office building in Glasgow (Scotland) for 200 million pounds (about 237 million euros), as well as the iconic skyscraper Royal Bank Plaza in Toronto (Canada) for around 1,150 million Canadian dollars (more than 874 million euros).

The founder of Inditex invests part of the dividends he receives from the textile company in the real estate sector through his investment firm Pontegadea Inmobiliaria.

Ortega owns the largest Spanish real estate company, focused on the purchase and management of large buildings, with a portfolio of real estate assets made up mainly of non-residential office buildings located in the center of large cities in Spain, the United Kingdom, the United States and Asia. .

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