Zara founder buys UK warehouse leased to Amazon for $108 million: report-March 2024-www.financetom.com

Zara founder buys UK warehouse leased to Amazon for $108 million: report

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Zara founder buys UK warehouse leased to Amazon for $108 million: report

Oct 14, 2025 3:07 AM

MADRID, Oct 14 (Reuters) - Zara founder Amancio Ortega's

investment vehicle Pontegadea Inversiones has agreed to acquire

PLP's Knowsley warehouse in Britain, near Liverpool, for £81

million ($107.50 million), Place North West real estate news

website reported on Monday.

Pontegadea declined to comment on the matter.

The 850,000 square-foot (78,967 square metres) warehouse has

been rented by Amazon ( AMZN ) since 2022, according to PLP's

website.

Ortega's investment vehicle bought in 2023 an Amazon ( AMZN )

logistics centre in Dublin, Ireland, for $245 million.

In Britain, Pontegadea in July acquired a 49% stake in

Brookfield's ports business.

($1 = 0.7535 pounds)

Previous page： Abu Dhabi's ADNOC tightens guidance for three-part bonds, IFR reports Next page： Boeing Unusual Options Activity For September 04

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Abu Dhabi's ADNOC tightens guidance for three-part bonds, IFR reports

Sep 4, 2024

Sept 4 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has tightened the price guidance on the three-tranche dollar bonds it began marketing on Wednesday by 25 basis points, fixed-income news service IFR reported. The Abu Dhabi state oil giant, through debt unit ADNOC Murban, is now offering the five-year tranche at around 80 basis points over U.S. Treasuries, the...

Boeing Unusual Options Activity For September 04

Sep 4, 2024

Financial giants have made a conspicuous bullish move on Boeing ( BA ). Our analysis of options history for Boeing ( BA ) revealed 9 unusual trades. Delving into the details, we found 44% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $195,780, and 4...

Mach Natural Resources Launches Offering of 7.9 Million Common Shares

Sep 4, 2024

09:57 AM EDT, 09/04/2024 (MT Newswires) -- Mach Natural Resources ( MNR ) said Wednesday it launched a public offering of about 7.9 million common shares representing limited partner interests in the company. The underwriters will be given an option to buy up to an additional 1.2 million common shares at the public offering price, Mach said. The company said...

US SEC charges six credit rating agencies with recordkeeping failures

Sep 4, 2024

WASHINGTON, Sept 3 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday charged six credit rating agencies with significant recordkeeping failures. The agencies are Moody's Investors Service ( MCO ), S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, A.M. Best Rating Services and Demotech. The SEC said the agencies acknowledged that their conduct violated recordkeeping provisions of federal...