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NEINOR HOMES

Listed 05/11/2019

Spanish REIT Arima wins €60m equity offer from Canada's Ivanhoé

Amid a growing trend for private capital to buy into listed real estate, Spain's REIT/SOCIMI Arima has won a €60m subscription offer from Canada's (...)

Listed 24/10/2019

Paris-based Orion raises stake in Spanish Neinor Homes to 27%, joins board

Paris-based opportunity real estate manager Orion Capital Managers is now the senior shareholder in listed Spanish housing developer Neinor Homes at 27%, and is (...)

Housing 11/10/2019

Spain's Neinor to invest €180m to build 600 homes in Catalonia by 2021

Spanish residential developer Neinor Homes is running 33 projects in the Catalan region, and aims to invest €180m more by 2021 to build 600 homes there, (...)

Housing 25/07/2019

Spanish housing developer Neinor reverses 1H18 net loss with profit of €12.4m

Neinor Homes, the Spanish housing developer with Orion Capital Managers as a major shareholder, this year reversed its 1H18 net loss to report profit of (...)

Listed 20/06/2019

Paris-based Orion builds Spanish Neinor stake to second biggest 11%

Paris-based Orion Capital Managers has, with a stake of 11.1%, become the second largest shareholder in Spanish housing developer Neinor Homes just two months (...)

Listed 23/04/2019

Europe's listed property shifts as Baer takes Spain stakes, Aroundtown raises at Globalworth

Europe's listed property holdings are shifting. Swiss Julius Baer has taken stakes in Spain's Metrovacesa and Neinor, while Aroundtown's holding in AIM's Globalworth has (...)

Logistics 09/04/2019

Spanish Neinor Homes CEO Velayos steps down after 60% share price slide

Spanish Neinor Homes CEO Velayos has stepped down in a move seemingly sparked by shareholders, including offshore fund Adar, following a 60% slide in (...)

Listed 04/03/2019

Spanish resi developer Neinor posts 2018 €46m net profit, demand strong

Spanish residential developer Neinor Homes reported net profit of €45.99m in 2018, turning round a 2017 loss of €25.93m, and said it continues to see strong (...)

Housing 01/02/2019

Spain's resi developers to reach 'cruising speed', starting 34,000 homes

Around 20 housing developers in Spain, some newly established, will reach 'cruising speed' this year, handing over almost 16,000 homes and starting another 34,000. A (...)

Listed 24/07/2018

Spain's Neinor reports first profit in 2Q at €2.5m net, says home devs on track

Spanish listed residential developer and owner Neinor Homes reported its first profit in the second quarter, at net €2.5m and EBITDA of €5.3m, and said progress (...)

Listed 23/04/2018

German TLG shareholder Adar exits, Dayan converts to 22.5% direct stake

Major shareholdings in German listed TLG have shifted again. Hedge fund Adar has sold its entire 18.17% stake while another, Ouram controlled by Israeli investor Amir (...)

Listed 12/04/2018

US Lone Star to exit 2nd European listed firm, selling 61% Warsaw GTC stake

In its second exit from a listed European property group in six months, Texas-based opportunity fund group Lone Star is to sell its entire 61% holding (...)

Listed 03/04/2018

Adar has no plans to breach 30% of Spain's Neinor - CIO Marynberg

Adar Capital Partners has no plans to raise its stake in Spanish listed housing developer Neinor Homes above 30%, thus triggering an obligatory takeover offer, its CIO (...)

Listed 29/03/2018

Israeli Adar's stake in Spain's Neinor soars to 27.8%, sparking bid speculation

Israeli-controlled fund manager Adar Capital Partners has now built its stake in Spanish residential developer Neinor Homes to 27.8%, sparking speculation in Spanish media (...)

Housing 26/02/2018

IPO costs push Spain's Neinor to €26m loss in 2017; project run-rate raised

Madrid residential group Neinor Homes dipped to a 2017 loss of €25.9m, reversing a profit of around €1m for 2016 mainly due to costs associated with (...)

Finance 20/02/2018

German TLG shareholder Adar takes largest 9.2% stake in Spain's Neinor Homes

Israeli-controlled fund manager Adar Capital Partners, a senior shareholder in Germany's TLG Immobilien, has built a 9.2% equity stake in Spain's Neinor Homes, making it the largest (...)

Finance 18/01/2018

Norway's €874bn SWF holds 4.8% of Spain’s Neinor after placement

Norway's giant pension sovereign fund has declared a 4.8% investment in Spanish REIT/SOCOMI Neinor Homes after the accelerated book building last week in which the sponsor, (...)

Finance 12/01/2018

US Lone Star sells remaining stake in Spanish housing firm Neinor

Giant Texas-based opportunity and wealth management group Lone Star has sold almost all its remaining stake in Spanish housing firm Neinor Homes which it floated last March. The (...)

Housing 11/10/2017

Grab for assets 2: Large funds in frenetic search for Spanish residential land

The largest Spanish property developers, many of them controlled by foreign investment funds, are competing at an almost frenetic pace to acquire zoned residential (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)