The real estate portfolio of the Amancio Ortega family office [2025]

The real estate portfolio of the Amancio Ortega family office

This article directly stems from the research process for our list of the largest family offices in the world investing in real estate. We have written this article about the real estate portfolio of the Ortega family office in the scope of the article creation and research process.

Pontegadea Inversiones, the family office of Zara founder Amancio Ortega, manages approximately multiple billions of dollars in real estate assets across nine countries. Rather than pursuing residential property, the investment vehicle focuses exclusively on premium commercial real estate in major global capitals. In the following, our experienced familyofficehub.io research team give an overview of the prime real estate the Ortega family office has amassed.

United Kingdom

The Adelphi Building, London — £550 million (2018)

Located at 1-11 John Adam Street in Covent Garden, this 330,000 sq ft Grade II-listed 1930s Art Deco building houses tenants including The Economist, Condé Nast, and Spotify.

Rio Tinto Headquarters, St James’s — £265 million (2015)

A six-story, 116,000 sq ft office building at 6 St. James’s Square acquired in a sale-leaseback transaction.

The Post Building, Holborn — £600 million (2019)

A 320,000 sq ft converted Royal Mail sorting office housing McKinsey & Co, Rothesay Life, and other major tenants.

Spain

Cepsa Tower, Madrid — €490 million

A 248-meter, 109,000 sq m office tower designed by Norman Foster, serving as headquarters for the oil company Cepsa.

Barcelona Office Building, Avenida Diagonal — €250 million ($283 million, 2025)

A 28,000 sq m building leased by Spanish media company Planeta, purchased from Blackstone.

United States

Troy Block, Seattle (Amazon) — $740 million (2019)

The largest single-asset trade in Seattle history. Two LEED Gold-certified office towers (811,520 sq ft) fully leased to Amazon in South Lake Union.

The Investment Building, Washington D.C. — $385.4 million (2018)

Located at 1501 K St. NW, this 401,000 sq ft historic office building (92% leased) is anchored by law firm Sidley Austin LLP.

Pacific Place, San Francisco — $475 million (2017)

A 436,000 sq ft mixed-use property at Union Square comprising a 192-room hotel, 202,000 sq ft of offices, and 129,000 sq ft of retail.

The Haughwout Building, New York — $145 million (2015)

A historic 1857 cast-iron building at 490 Broadway in SoHo, known for housing the world’s first successful passenger elevator.

Lincoln Road Retail Block, Miami — $370 million (2015)

One of the largest retail property sales in Florida history, featuring flagship stores for Gap, Apple, Capital One, and Nike.

Southeast Financial Center, Miami — $516.6 million (2016)

A 55-story office tower and 2 acres of adjacent land in downtown Miami.

Sabadell Financial Center, Miami — $274.4 million (2025)

A 31-story tower at 1111 Brickell Avenue in Miami’s financial district, housing Banco Sabadell’s U.S. headquarters.

19 Dutch, New York (Financial District) — $500 million (2022)

A 500-unit residential tower marking Pontegadea’s entry into U.S. multifamily markets.

727 West Madison, Chicago — $232 million (2023)

A 492-unit apartment tower in Chicago’s West Loop, the city’s top commercial deal that year.

Veneto Las Olas, Fort Lauderdale — $165 million (2025)

A 44-story, 259-unit residential tower in downtown Fort Lauderdale.

Picture source: Jorge Fernandez Salas

Last Updated on October 17, 2025

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

familyofficehub.io