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28 May 2012

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Moor Park sells Spain bank branches to Ortega holding

One of Spain's largest real estate holdings, Pontagadea, controlled by Inditex head Amancio Ortega, has acquired five large retail banking units in major Spanish cities from ISC Freshwater Investment advised by the UK-based Moor Park Capital for around E55m. Moor Park originally purchased the assets last April.

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