Radar > 225231

Neinor Homes to invest EUR 1,000m in real estate assets in Spain

Neinor Homes invertirá EUR 1.000m en activos inmobiliarios en España

Intel ID : 225231
Synopsis

Spanish real estate developer Neinor Homes, results from Lone Star's acquisition of Neinor held by Kutxabank, announced its plans to invest EUR 1,000m in real estate assets in Spain, as reported by newspaper Expansión on 14 May 2015.

The objective is to become the largest real estate developer in Spain, with an annual investment of EUR 250m throughout the next four years.

Neinor Homes will focus exclusively on housing development in Madrid, Barcelona, Basque Country, Balearic Islands and Andalusia.
(content in spanish)

La promotora española Neinor Homes, que nace como consecuencia de la adquisición de Neinor a Kutxabank por parte de Lone Star, ha anunciado la intención de invertir EUR 1.000m en activos inmobiliarios en España, según ha informado el diario Expansión el día 14 de mayo de 2015.

La empresa tiene como objetivo ser la primera promotora en el país, invirtiendo EUR 250m al año durante los próximos cuatro años.

Neinor Homes se centrará exclusivamente en la promoción de viviendas en localidades como Madrid, Barcelona, País Vasco, Baleares y Andalucía.

Bidder

Ultimate Owner (Buyer)


Intel ID 225231
Value EUR 1.000,00m
Native Currency Euro (EUR)
Financial Data - Neinor Homes
(31 Dec 2024)
Revenue: EUR 159,09m
EBITDA: EUR 62,94m
Net Debt: EUR 214,94m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.