Jasperdo
Pontegadea, the wealthy asset manager, acquired the Capital 8 complex for around €800 million, a company spokesperson revealed.
Earlier, media reports suggested the cost might hit €850 million. This high-end project is situated in the 8th arrondissement of Paris and encompasses a total floor space of 45,000 square meters.
Pontegadea holds a 59% stake in Inditex SA and primarily reinvests the dividends it receives into real estate, along with infrastructure and energy ventures. In 2024, the worth of the assets managed by the company was assessed at €19.3 billion.
Ortega's net worth is assessed at $130 billion, making him Spain's wealthiest individual and the 15th wealthiest person globally.
source: reuters.com
Earlier, media reports suggested the cost might hit €850 million. This high-end project is situated in the 8th arrondissement of Paris and encompasses a total floor space of 45,000 square meters.
Pontegadea holds a 59% stake in Inditex SA and primarily reinvests the dividends it receives into real estate, along with infrastructure and energy ventures. In 2024, the worth of the assets managed by the company was assessed at €19.3 billion.
Ortega's net worth is assessed at $130 billion, making him Spain's wealthiest individual and the 15th wealthiest person globally.
source: reuters.com