Neinor Homes, S.A.

Neinor Homes, S.A. is a prominent Spanish real estate company headquartered in Bilbao, Spain, specializing in the development, promotion, and management of residential properties. The company's core mission is to provide housing solutions that prioritize the well-being of individuals, communities, and the environment, striving to develop sustainable, accessible, and profitable models within the residential sector. Neinor Homes covers the entire value chain of the developer and rental business in Spain.

The company's offerings include new build homes, such as mid-to-high value apartments and villas, across high-demand regions in Spain. Its services encompass land acquisition, residential development, promotion, and property management. Neinor Homes has diversified its business model to include Build-to-Rent (BTR) properties and third-party asset management, operating in key areas like Madrid, Catalonia, the Basque Country, Andalusia, and the Balearic Islands, as well as other major Spanish cities.

Neinor Homes is recognized as a leading residential developer and platform in Spain. The company recently announced an orderly leadership transition, with Jordi Argemí, the current Deputy CEO and CFO, set to become CEO from January 1, 2027, succeeding Borja García-Egotxeaga. A significant strategic move was the acquisition of AEDAS Homes in late 2025/early 2026, which substantially expanded Neinor Homes' market share and portfolio, increasing its land bank to over 40,000 units. Other recent activities include a €150 million partnership with Stoneshield Capital for a premium residential project in Marbella and the initiation of a €50 million share repurchase program. The company has also reiterated strong guidance for 2026-27, supported by robust market fundamentals and earnings visibility.