Amancio Ortega, the founder and largest shareholder of Inditex, has injected €41.7 million of capital in Pontegadea, the division of his estate dedicated to real estate investment, as reported in the Official Gazette of the Mercantile Registry (Borme).
In this way, the company’s subscribed capital now amounts to €100 million. Together with Partler -another company owned by Ortega-, Pontegadea owns almost 60% of Inditex and holds a portfolio of properties currently valued at around €13 billion. It is one of the largest real estate companies in Spain and makes Ortega’s one of the most important personal estates in the world. The assets, which are spread all over the globe, include the Picasso and Foster Towers in Madrid, the Tmall Center in Seoul and Amazon’s headquarters in the US.