Entering the US logistics market! Zara founder acquires a FedEx warehouse for $35 million!

It is learned that after focusing on investing and acquiring skyscrapers in various countries, Amancio Ortega, the founder of Inditex, embarked on the road of acquisition in the logistics field and acquired a logistics platform of FedEx for US$35 million through his real estate department and real estate company Pontegadea. This marks the Spanish businessman's expansion of investment and official entry into the US logistics market.

The logistics platform is located in Menomonee Falls, Milwaukee, Wisconsin's largest metropolitan area, with an area of ​​more than 123,000 square meters. It is a FedEx warehouse that was leased to Reit Realty Income, one of the largest listed real estate companies in the United States, and will be operated by the new owner after the acquisition. The transaction was completed on July 28 and was registered by the Wisconsin Department of Revenue on August 5.

It is learned that Ortega, the richest man in Spain, has a wealth of 63.6 billion US dollars and is also the richest man in Spain and ranks 17th on the list of the richest people in the world. Ortega expanded his investment and gained a foothold in the US logistics market after purchasing a luxury apartment skyscraper in New York for 500 million US dollars.

Editor ✎Estella/

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