M&AReal EstateSIGNED
Neinor Creates Joint Venture with Orion to Develop 1,000 Homes from Aedas
Acquirer
Neinor (with Orion)
Target
1,000 homes from Aedas
Spanish property developer Neinor has formed a joint venture with its shareholder Orion to develop 1,000 homes originating from Aedas. The company also anticipates improving its dividend by 12% this year, reaching 280 million euros, and accelerating debt reduction.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.