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Equity seen as game-changer in Spain

Neinor Homes says there's never been a better time to construct more homes as it aims to become one of the country's biggest builders
Friday, February 17, 2017 - 05:50

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The empty apartment blocks across Spain in secondary towns and cities contrast with Madrid and Barcelona, where the recovery is more advanced and construction has fallen behind demand.

London

IGNORE those million-plus empty new homes scattered across Spain, says a developer owned by Lone Star Funds, adding that there's never been a better time to build more.

Neinor Homes, bought in 2014 by the Dallas-based investor, aims to become one of Spain's biggest

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