Announced
Financials
Sources
Tags
Cross Border
Acquisition
United Kingdom
Single Bidder
Real Estate Holding and Development
Real Estate
Pending
Private
office buidling
Majority
Friendly
Synopsis
Amancio Ortega, a spanish fashion executive, agreed to acquire 177 Bothwell Street single-office building from HFD Group, a commercial property management agency, for $270m. The acquisition follows a recent Pontegadea deal in Toronto, where it bought the Royal Bank Plaza, a landmark skyscraper which houses the headquarters of Royal Bank of Canada, the country’s biggest bank, for around EUR800m ($850m).
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