Amancio Ortega, founder and first shareholder of Inditex, has acquired a Walmart automated logistics center in California (United States) for an import of 109 million dollars (98.9 million euros). This has been confirmed to Europa Press by sources familiar with the operation.
Specifically, Ortega, through his investment arm Pontegadea, has closed the purchase of this logistics center of some 30,000 square meters, located in the Inland Empire area, in Southern California, as reported by the US media specialized in real estate. Commercial Observer’.
This operation comes one year after the founder of Zara made his first foray into logistics with the purchase of a FedEx platform in Wisconsin (United States) worth around 825 million euros and a second logistics asset, specifically in a distribution center in Philadelphia (Pennsylvania), for around 147 million euros.
The various operations of Pontegadea
In his commitment to logistics, Ortega has also recently bought in Europe, after acquiring his first logistics warehouse in the ‘old continent’ in the Netherlands at the end of June for around 105 million euros. This property, a logistics platform of 103,000 square meters, is located in the Dutch town of Venlo, leased to the transport and logistics firm DSV until 2033.
Ortega entered a total of 1,108.5 million euros on May 2 for the first remuneration of the year that Inditex will pay to its shareholders, which is half of what the Galician firm will collect huge dividends this year. The businessman will receive this year 2,217 million euros in dividends from the company, above the 1,718 million he received for this concept last year.
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 agency, focused on the purchase and management of large buildings, with a portfolio of real estate assets deeply integrated by non-residential office buildings, located in the center of large cities in Spain, the United Kingdom, the United States and Asia. .
