the complete map of your real estate properties

At 89 years old, Amancio Ortega, founder and majority shareholder of Inditex, became, once again, the richest man in Spain, with a fortune of 109.9 billion euros. Although its investments go beyond the textile industry: recently its investment arm Pontegadea has purchased an office building in Vancouver, rented to Amazon for an amount of 1.1 billion Canadian dollars (680 million euros).

With this operation, the founder of Inditex maintains its leadership in the real estate sector with the largest portfolio of properties in private hands, with around 130 assets spread across thirteen countries. In fact, less than two months before the end of the year, Amancio Ortega has closed ten real estate acquisitions valued at more than 1,655 million euros.

Previously, Ortega had already become the owner of the headquarters of technological giants such as Meta (Facebook) and the owner of media outlets such as the prestigious British weekly ‘The Economist’, as well as banks and luxury brands, positioning itself in second place among the largest fortunes in Europe and ninth worldwideaccording to the ranking of Forbes magazine.

Map of the Empire of Amancio Ortega

Among his varied business portfolio, Amancio Ortega owns hotels, logistics warehouses, residential blocks or shopping centers, among others, spread across countries such as Spain, the United States, France, Canada and Korea.

One of the most emblematic properties is the Royal Bank building in Toronto (Canada), acquired in 2022 by 800 million euros, this being the most expensive asset in its portfolio. It is a skyscraper that is the corporate headquarters of the Royal Bank, the main bank in the North American country, which is distinguished by its glass façade covered with a thin layer of 24-karat gold, whose color stands out in the skyline of the city.

In London is home to Ortega’s second most expensive propertythe building The Post Buildingacquired in 2019 for 700 million euros. It is a property located near Oxford Street that is one of the headquarters of the consulting firm McKinsey & Company.

Third place is divided between the ‘Adelphi Building’ (London), also acquired in 2018 for 680 million euros, and its new acquisition in Vancouver, which has a 22-story tower and a 19-story tower and has Amazon, Loblaws City Market, Oakberry and Starbucks as tenants.

For its part, the ‘Adelphi Building’ is known for being the headquarters of the prestigious British weekly ‘The Economist’, located on John Adam Street. At the moment, It also houses offices for BlackRock, Spotify and Shiseido.

Finally, in fourth position stands out the Troy Block building, an office complex located in Seattle (USA), purchased in 2019 for 656 million euros. Its acquisition made it Ortega for the first time in Amazon’s landlord, after closing the purchase of part of its headquarters for said amount.

Given this investment map, it is worth noting that London stands as Ortega’s favorite city to invest in, with nearly 14 real estate assets valued together at more than 4,200

Your main investments in Spain

In addition to his properties abroad, Ortega owns around 40 real estate assets in Spain, although the most valuable are in Madrid, spread mostly along Paseo de la Castellana.

The Foster Tower, acquired in 2016 for 490 million euros, leads as the most expensive in the capital, followed by Castellana 24 (458 million) and the Picasso Tower (400 million).

For its part, Barcelona is the second city where the founder of Inditex concentrates the most real estate assetswith seven buildings located along the Paseo Barcelona is the second city where the founder of Inditex concentrates the most real estate assets, with seven buildings located along the Paseo

From the United States to Seoul

Ortega began his expansion outside the old continent in 2006, when he landed in Miami with the purchase of the Epic Hotel for an undisclosed amount. Since then, has managed to consolidate itself in the United States with more than 30 real estate assets distributed throughout the main cities of the country.

Likewise, the founder of Inditex owns a building in Mexico City, in the exclusive Polanco neighborhood, the acquisition price of which is also unknown.

Along these lines, the expansion of Ortega’s empire reached the Asian continent in 2016 with his arrival in Seoul, where he acquired the M.Plaza building for 238 million. The asset is located in Myeongdong, the main commercial area of ​​South Korea

The founder of Inditex, who controls 59.294% of the company, equivalent to a package of 1,848 million shares, invests part of the dividends he receives from Inditex in the real estate sector.

Specifically, Ortega has received 3,104 million euros this year in dividends from the company, above the 2,845 million of euros that he received for this concept last year, when his remuneration increased by 28%