Feb 23 • 04:45 UTC 🇪🇸 Spain El País

Amancio Ortega, an investment in every port

Amancio Ortega, founder of Zara, is making a significant investment in Australian logistics firm Qube through his family office, Pontegadea.

Amancio Ortega, the founder of Zara, is expanding his investment portfolio globally by making a significant investment in the Australian logistics company Qube. This move, executed through his family investment vehicle Pontegadea, indicates Ortega's willingness to diversify his investments beyond the real estate sector, which has been a primary focus in recent years. The acquisition, in partnership with Macquarie Group, positions Ortega as a key player in Qube, which is valued at approximately 7 billion euros, emphasizing the strength of his investment strategy at an international scale.

The collaboration with Macquarie further highlights Ortega’s strategic approach to investing in logistics, a sector that has gained importance especially in the wake of increased global trade dynamics and economic shifts. While the exact percentage of Qube to be held by Pontegadea remains undisclosed, the move is seen as one of Ortega's largest transactions to date, showcasing his ambition to strengthen and diversify his investment portfolio across various industries, thereby mitigating risks associated with concentrated investments.

This investment not only underscores Ortega’s business acumen but also reflects broader trends in investment where traditional retail and real estate investments are increasingly complemented by stakes in logistics and infrastructure globally. Ortega’s participation in Qube could potentially lead to enhanced operational synergies and growth opportunities, marking a significant step in his investment journey which may set a precedent for other investors looking to expand into new and diversified markets.

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