Zara's Ortega Buys €250 Million Blackstone Building in Barcelona
Spanish billionaire Amancio Ortega has acquired a building on Barcelona's iconic Diagonal avenue for about €250 million ($284 million) from Blackstone Inc.
Pontegadea Inversiones, the family office for the owner of apparel chain Zara, agreed to buy the 27,000 square-meter (290,000 square-feet) building housing the headquarters of Spanish book publisher Planeta, a spokesperson told Bloomberg News, confirming an earlier report by El Economista.
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