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Spanish billionaire Amancio Ortega has bought a logistics centre in the Netherlands currently used by rival British fashion retailer Primark for €110 million ($121 million), his family office Pontegadea said.
Ortega, the founder of fashion group Inditex, which owns Zara, bought the 87,000-square-metre property in Roosendaal from Blackstone, real estate news site React News reported earlier.
The deal follows investments in logistics assets in the United States, including the acquisition in…
