Zara founder buys UK warehouse leased to Amazon for $108 million: report
Core Insights - Amancio Ortega's investment vehicle, Pontegadea Inversiones, is set to acquire PLP's Knowsley warehouse in the UK for £81 million ($107.50 million) [1] Group 1: Acquisition Details - The acquisition involves a warehouse located near Liverpool, indicating a strategic investment in logistics and distribution [1] - The purchase price reflects a significant investment in the UK property market, showcasing confidence in the region's economic potential [1]