Overview
- Net profit climbed 17.3% to €9.322 billion in 2024, driven by strong performance across its commercial real estate holdings.
- Total asset valuations rose 9.3% to €110.615 billion, reflecting sustained growth in the company’s global portfolio.
- The investment arm completed the integration of its continental European subsidiaries into a single Luxembourg vehicle to streamline governance and tax efficiency.
- Amancio Ortega channels his 59.294% Inditex stake dividends into real estate, with €3.104 billion in payouts planned for 2025 to fuel further acquisitions.
- The latest purchase of the €97 million Hotel Banke in Paris marks Pontegadea’s sixth deal in the French capital as it broadens its landmark property holdings.