Spanish businessman and founder of the textile holding Inditex (Zara, Bershka, Pull & Bear, and others) Amancio Ortega, 79, has bought several buildings in the UK capital: a new flagship store Primark on Oxford Street, plus its additional properties and three other retail centers.
Primark's flagship store on 26-48 Oxford Street, near Tottenham Court Road, London
The commercial properties with total area of 20,000 sq.m are located on main London's trade location – Oxford Street, near Tottenham Court Road. An investment company Ponte Gadea owned by Ortega paid £400 million (€550 million) the two owners, Land Securities and Frogmore. These premises on Oxford Street was rebuilt in 2013-2014.
Furthermore, Ortega is the owner of other premises in London as Rio Tinto offices on 6 St James Square (11,000 sq.m; £265 million was paid in early 2015), Devonshire House on Piccadilly (16,000 sq.m; £400 million in December 2013) and several houses on 100 Wood Street (£140 million in 2006), Oxford Street (£220 million in 2011) and Bond Street (£155 million in 2012).
Rio Tinto offices on 6 St James Square
Devonshire House on Piccadilly
Spaniard Amancio Ortega is the richest man in Europe with a fortune of $64.5 billion – it's the 4th place in the world Forbes ranking 2015 and just ahead are Bill Gates, Carlos Slim and Warren Buffett.
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