The Founder Of Zara Bought London Property For A Huge Sum Of Money.

According to data from Real Capital Analytics, Ponte Gadea SL has invested over $6 billion in property in Spain, the United States, the United Kingdom, Canada and other countries in the past 13 years.

The company's shareholders include its current wife Flora P e rez and children's Marta Ortega, Sandra Ortega and Marcos Ortega.

Zara parent, Amancio Ortega, founder of Inditex SA (ITX.MC), the world's largest apparel retailer, continues to acquire top retail properties in London.

According to reports, Amancio Ortega has invested more than 400 million pounds in cash acquisition through its holding investment company Ponte Gadea SL.

Property 26-48, East Oxford street.

The property is originally owned by Real Estate Company Land Securities Group PLC and Frogmore Real Estate Partners Investment Managers Limited, which has about 220 thousand square feet (20 thousand square meters) of retail and office area, of which 191 thousand square feet (177 thousand square meters) have been rented to the UK's fast fashion brand, and the flagship store is open, with the remaining 14 thousand and 500 square feet from the United Kingdom.

The retailer is Schuh.

It is reported that Zara also opened a 35 thousand square foot store on the opposite side of the Primark flagship store.

This is $69 billion 400 million.

Amancio Ortega, the world's fourth richest, has acquired third London properties in recent years, which cost more than 1 billion pounds.

At the beginning of this year, Amancio Ortega bought Rio Tinto PLC (RIO.L), a mining and resource group at 225 million pounds, at its group headquarters in the St. James St. James region of central London.

At Amancio Ortega, it bought the Devonshire House Devonshire building in West London Mayfair district at 410 million pounds, close to the world-famous shopping street Bond Street and Regent Street. The former owner of the building is Lehman Brothers Holdings Inc. Lehman Brothers.

In March 2014, Spanish media reported that Pontegadea Inmobiliaria was close to Spain, with a market value of 5 billion euros.

This will enable Amancio Ortega to increase tax avoidance.

But then the company denied the rumor in an interview with the Reuters.

Pontegadea Inmobiliaria can evade 30% of the corporate income tax, only bear the dividend paid to shareholders, and the Amancio Ortega family can get a dividend of 27%.

Spanish media said Amancio Ortega's move is to provide more liquidity for the family heirs.

Amancio Ortega Gaona controls its own empire through its Ponte Gadea SL, Gartler, Partler, Menlle, etc. Ponte Gadea is the most important company. Shareholders include their current wife, Mr.

Ponte Gadea SL fully held investment company Pontegadea Inversiones, the latter 100% holdings real estate investment trust fund (REIT) Pontegadea Inmobiliaria, and Pontegadea Inversiones holds the controlling interest of Inditex (50.01%).