May 28, 2024


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The founder of the Spanish Index is buying a complex of 2 skyscrapers in Canada

MADRID, Jan. 13 (EFE) .- Amancio Ortega, founder of Spanish textile inditex, has agreed to buy the complex of two skyscrapers in Toronto (Canada) for about மில்லியன் 800 million (approximately 14 1,142 million) from two Canadian pension funds. Dollars), a spokesman for Pontegadea, the company that manages its investments, confirmed to Efe. Sales of the iconic Royal Bank Plaza in Toronto, the center of Canadian finance capital, have been boosted by Bloomberg, which, according to its data, is one of the largest operations in the office market worldwide since the epidemic unleashed. . It is the largest move ever promoted by Pontegadea, with its focus on managing real estate assets worth over ,000 14,000 million (approximately US $ 15,954 million). Owned by Canadian bank Royal Bank among other tenants, the two-tower complex is for sale by Oxford Properties, the investment arm of the Ontario Municipal Employees’ Pension Fund, and the Canadian Pension Scheme Investor Council. Pontegadea, the investment arm of Spain’s first fortune and its largest “landowner”, saw its profits fall by 62.5% in 2020 to 666 million euros (approximately US $ 759 million). Inditex, the company he founded, agreed on a dividend after the outbreak, which reduced the value of its real estate assets by only 7% despite the epidemic environment. EFE mgl / may / ie

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