Zara owner poised to buy flagship London asset for €680m
By Virna Asara2018-07-13T00:00:00+01:00
Pontegadea, the property investment vehicle of Spanish retail billionaire and Zara owner Amancio Ortega, has reportedly been selected as preferred bidder to acquire the Adelphi building in London's West End for just under £600 mln (€680 mln).