The future highend store will be more about the metaverse than the intersection of Stadiou & Voukourestiou streets of Athens.
Ortega, who controls 59% of Inditex, has to invest that amount within the year because of the legal and fiscal rules that govern family offices like his Pontegadea.
Construction is planned to start in the second quarter of 2023 and be completed in the beginning of 2026.
Blackstone has been an active and significant investor in Germany for more than two decades.
OAKTREE Capital Management-backed Silbury Finance unveils at this year's MIPIM.
The seller is Stenhus Fastigheter.
The Contractor, in addition to the monthly rent, will have to engage in renovation works at his own expense of at least €10,300,000.
The transfer of the shares will take place upon completion of the development of the office complex.
Concerns about the resilience of the office building industry have grown since the start of the pandemic.