Amancio Ortega to acquire 177 Bothwell Street single-office building from HFD Group for $270m.

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).