neinor homes

Companies 27th November 2025

CNMV authorises Neinor’s first takeover bid for Aedas at €21.33 per share

Bankinter | The National Securities Market Commission (CNMV) has approved Neinor’s voluntary takeover bid for Aedas at a price of €21.335 per share, although this is conditional on the price having been agreed in advance with Aedas’ main shareholder (Castlelake, 79% of the capital). If 50% of the minority shareholders do not accept the offer, a mandatory takeover bid will have to be launched. Neinor has already announced that this…

Companies 27th October 2025

New Neinor Homes shares to begin trading on Tuesday

Link Securities | In connection with the completion of the private placement of new shares among institutional shareholders carried out in the context of the cash capital increase approved by the Board of Directors of Neinor Homes (HOME) on 23 October 2025, HOME reports that the increase has been closed on the following terms: The increase has been subscribed for the maximum effective amount of €140 million approved by the…

Companies, Relevant News Item 21st October 2025

Neinor Homes AGM approves takeover bid for Aedas and reiterates 2025 guidance

Renta 4 | On Monday, Neinor Homes held its extraordinary AGM to obtain approval for the takeover bid for AEDAS Homes. The company also took advantage of the AGM to reiterate its 2025 guidance and provide operational visibility, highlighting: 1) having received the Final Works Certificate (FWC) for 100% of the developments scheduled for delivery in 2025; 2) a 2025 pre-sale coverage ratio of close to 97% and 75% for…

Relevant News Item 27th February 2024

Neinor Homes share capital set at €615.49 M and 74.96 M ordinary shares with a par value of €8.21 each

Link Securities | The socimi informed the CNMV that on February 21, 2024, the public deed to reduce its share capital by €39.73 million by reducing the par value of the company’s shares by €0.53 was registered in the Vizcaya Mercantile Registry. As a result, the share capital of Neinor Homes has been set at €615.49 million divided into 74.96 ordinary shares with a par value of €8.21 each, which…

Ibex 25th October 2019

Real Estate: REITs, best option among traded companies; Merlin Properties main recommendation

Bankinter | At this point of the cycle is it more attractive to invert in real estate through traded companies than real estate assets.

Spanish Small & Mid Caps 9th May 2019

Small & Mid Caps: Neinor Homes, Hitting bottom

Sabadell | Neinor 8 April´s profit warning was undoubtedly a bucket of cold water, not just because it was unexpected (the consensus expected a lowering of targets), but also because of the scale of the cut (-50% of the Ebitda accumulated in 2019 and 2020). In this note we downgrade our objective price 13% to 13.86 euros/share because of the delay in the delivery plan and because of more conservative profitability hypotheses in the long term. Despite the cut in our O.P. we continue to see value in the share and maintain or recommendation of BUY.

Four years ago no housing was being built in Spain , and now 90,000 units are being built

Interviews 24th September 2018

“Where There Is Demand There Are No Houses, So Prices Go Up”

Mari Pinardo | Neinor Homes is the first housing promotor to return to the stock market 10 years after the crisis. Its CEO, Juan Velayos, recognises that many things have improved since then: Four years ago no housing was being built, and now 90,000 units are being built”. But he admits there are deep rooted problems in the sector: “Spain is seriously bad at generating supply, we are paying far more for apartments than we could do if there were transparent criteria.”