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The latest update is out from Neinor Homes ( (ES:HOME) ).
Neinor Homes has entered into a joint venture with Ameris Capital to develop residential projects in Spain, aligning with its strategic plan for 2023-2027. The first project under this venture is a 15 million euro investment in Paterna, Valencia, where 72 homes will be constructed, with Neinor holding a 27% stake. The joint venture aims to explore further opportunities in the Spanish residential market, with a land investment target of up to 50 million euros.
More about Neinor Homes
Neinor Homes is a company operating in the real estate industry, primarily focusing on residential developments. The company engages in activities such as project design, marketing, and construction, with a market focus on build-to-sell residential properties in Spain.
YTD Price Performance: 1.75%
Average Trading Volume: 3,836
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.22B
Find detailed analytics on HOME stock on TipRanks’ Stock Analysis page.
