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Announced

Completed

Amancio Ortega completed the acquisition of The Opus 6 Hanover Quay building for $108m.

Financials

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Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Acquisition

Real Estate

Completed

Single Bidder

Friendly

Private

Real Estate Holding and Development

Majority

luxury building

Ireland

residential building

Synopsis

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Amancio Ortega, a Spanish billionaire and Zara founder, completed the acquisition of The Opus 6 Hanover Quay building, a luxury residential building with 120 apartments for rent in Dublin, for $108m. It is the first residential building that Ortega's firm has bought outside the United States. It was part of its strategy to invest in multiple real estate assets.

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