Amancio Ortega will own Walmart in California

Founder and first shareholder Inditex, Amancio Ortega, through its investment subsidiary Pontegade, bought the automated logistics center Walmart in California for 109 million dollars (98.9 million euros). The facility of the American distribution giant has an area of ​​30,000 square meters and is located in the Inland Empire area, in southern California, according to American media specialized in the real estate sector. Commercial observer.

The operation comes a year after the founder of Zara took the first business step in logistics by buying the FedEx platform in Wisconsin (United States) worth about 825 million euros and other logistics assets, specifically the distribution center in Philadelphia (Pennsylvania). , for about 147 million euros.

As part of its commitment to logistics, Ortega He recently moved to Europe, where he took delivery of the first ship in the Netherlands at the end of June, for around 105 million euros. This property, a 103,000 square meter logistics platform, is located in the Dutch city of Venlo and has been leased by DSV until 2033.

On May 2, Ortega deposited a total of 1,108.5 million euros as the first dividend payment that Inditex will pay to its shareholders this year. This year, the entrepreneur will receive 2.217 million more than the 1.718 he received last year. He is the founder Inditex he invests part of the dividend he receives from the textile company in the real estate sector through his investment company Pontegadea Inmobiliaria. It owns Spain’s largest real estate company, focused on the purchase and management of large buildings, with a real estate portfolio composed mainly of non-residential office buildings located in the centers of large cities in Spain, the United Kingdom, the United States and Asia.