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
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis