Neinor completes strategic monetization of BTR portfolio,

From GlobeNewswire: 2025-05-12 07:46:00

Neinor Homes, the leading residential property developer in Spain, has sold five rental buildings with 251 housing units for approximately €50mn. This brings the total rental units sold by Neinor since 2023 to 1,334, generating around €325mn with a gross development margin of 24.8%. The company has successfully completed its objective to fully crystallize the value of its rental portfolio and pre-sold 921 housing units in its strongest start of the year. The sales have enhanced free cash flow generation without a significant impact on Neinor’s income statement for 2025. Savills advised Neinor on these deals.



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