Business
Neinor completes strategic monetization of BTR portfolio, unlocking c.€325mn since 2023
DELTA RENTAL HOMES DELTA RENTAL HOMES Neinor Homes has sold five rental buildings, totalling 251 housing units for c.€50mn Since 2023, Neinor Homes has sold a total of 1,334 rental units, for c.€325mn with an attractive gross development margin of 24.8% After this disposal, Neinor has successfully concluded its objective to fully crystallize the value of its rental portfolio Including figures from 1Q25, Neinor pre-sold a total of 921 housing units in its strongest ever start of the year MADRID,
About this update from Neinor Homes Sa
[{"type":"image","alt":"Neinor Homes, SA","displaySize":"","headline":null,"caption":"Neinor Homes, SA","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":212,"url":"https://media.zenfs.com/en/globenewswire.com/e6b28b01867dfc2794b1df003d9a0c40"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pkV19Er30o.AN.j88up8Dw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI5NztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e6b28b01867dfc2794b1df003d9a0c40","width":300,"height":212}},"lazy":false},{"type":"text","content":"DELTA RENTAL HOMES","length":18,"tagName":"p"},{"type":"image","alt":"DELTA RENTAL HOMES","displaySize":"","headline":null,"caption":"DELTA RENTAL HOMES","credit":"GlobeNewswire Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":4000,"height":2721,"url":"https://media.zenfs.com/en/globenewswire.com/38d3dcbcbf5132582c666b7c33ee62ae"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Nop7_bUu2.nY3aS8H59jbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY1MztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/38d3dcbcbf5132582c666b7c33ee62ae","width":960,"height":653},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/6ebAMrRvYmOGA499hgSRdw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xNjMyO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/38d3dcbcbf5132582c666b7c33ee62ae","width":1200,"height":816}}},{"type":"list","items":[{"val":[{"type":"text","content":"Neinor Homes has sold five rental buildings, totalling 251 housing units for c.€50mn ","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Since 2023, Neinor Homes has sold a total of 1,334 rental units, for c.€325mn with an attractive gross development margin of 24.8%","length":130,"tagName":"p"}]},{"val":[{"type":"text","content":"After this disposal, Neinor has successfully concluded its objective to fully crystallize the value of its rental portfolio","length":123,"tagName":"p"}]},{"val":[{"type":"text","content":"Including figures from 1Q25, Neinor pre-sold a total of 921 housing units in its strongest ever start of the year ","length":113,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":450,"olType":false},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"MADRID, May 12, 2025 - Neinor Homes (“Neinor”, HOME.SM), the leading listed residential property developer in Spain, has ...