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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

Published Thu, Feb 16, 2017 · 09:50 PM
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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 homebuilders by increasing construction in big cities where the housing stock is running low, according to chief executive officer Juan Velayos.

Competition is thin after the 2008 real estate collapse wiped out …

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