By Richard Hook2018-08-03T09:54:00
Blackstone has completed the sale of the Adelphi building in Covent Garden to Zara founder Amancio Ortega for around £550m.
Ortega’s investment vehicle Pontegadea emerged as the preferred bidder for the building last month, as reported in Property Week. It was put on the market by Blackstone through agents Eastdil Secured and Knight Frank in April.
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