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