MADRID (Reuters) -Zara founder Amancio Ortega has bought an office building in Barcelona from Blackstone for 250 million euros ($283 million), two sources familiar with the transaction said on Friday.

The financial services giant will draw on the Spanish billionaire’s knowledge of global supply chains as it closes in on an acquisition of ASX-listed Qube.

Ortega’s company bought the 84,518-square-foot, 15-story 366 Madison for $115.5 million in 2006. Ortega is the founder of the Inditex fashion group, best known for the Zara fast-fashion retail chain.

Amancio Ortega, the billionaire founder of the Zara clothing chain, is in talks to buy an office building in Miami for €235 million ($275 million). Ortega’s family office Pontegadea is in talks to buy ...

A notorious recluse, Amancio Ortega founded the Zara clothing chain and is No. 3 on Forbes magazine's billionaire list. He's the richest man you've never heard of: Amancio Ortega, founder of the ...

LONDON, Dec 18 (Reuters) - Zara has become ‌the latest fast-fashion retailer to use ‌AI to help create new images of real models in different outfits, speeding up the production process as part of an ...