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Zara billionaire Ortega buys Chicago apartment tower for $232 million – Times of India

Posted on August 22, 2023 By Admin No Comments on Zara billionaire Ortega buys Chicago apartment tower for $232 million – Times of India
Zara billionaire Ortega buys Chicago apartment tower for $232 million – Times of India

Amancio Ortega, the billionaire founder of the Zara clothing chain, snapped up a luxury apartment building in Chicago for $232 million to add to his growing US property portfolio.Ortega’s family office Pontegadea acquired 727 West Madison from a joint venture of Ares Management and F&F Realty, according to a company spokesperson.The purchase adds the 45-story…

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