Paul Tudor Jones sees potential market rally after late October
Investing.com -- Amancio Ortega’s investment vehicle Pontegadea Inversiones has purchased a warehouse in Knowsley, Britain for £81 million ($107.50 million), according to a Monday report from real estate news website Place North West.
The property, located near Liverpool, spans 850,000 square feet (78,967 square meters) and has been leased by Amazon since 2022, as stated on the website of PLP, the seller of the warehouse.
Ortega, who founded the fashion retailer Zara, made the acquisition through his investment company that manages his wealth from his clothing empire.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.