Amancio Ortega bought four logistics stores in Italy for 327 million

by time news

2024-09-10 16:06:39

Pontegadeathe investment arm of the founder and largest shareholder of Inditex, Amancio Ortegahave closed the purchase of a portfolio of logistics stores in Italy to the British Socimi Segro for 327 million eurosaccording to the specialized media The news responded and sources close to the group confirmed ACTIVOS, the economic vertical of Prensa Ibérica.

The portfolio acquired by the Spanish has four stores, two in Milan and two in Rome, with a total area of ​​340,000 square meters. The properties are fully leased to three e-commerce, DIY and food distribution operators, with an average mandatory term of over ten years. The service is closed reward (Eso is specialized slang) 5.81%since portfolio generates around 19 million euros in revenue per year.

In recent months, Pontegadea has closed two investmentsin addition to the aforementioned, in the European logistics market: He bought a 16,000 square meter store in Heathrow, in the first ring of London, also from Segro for 65 million pounds and, in January of this year, he acquired the 87,000 square meter property of DSV for Primark in Roosendaal, in the Netherlands , to Blackstone for 100 million euros.

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