Neinor Homes Seals €110M JV, Improves 2028 Guidance
Neinor Homes has announced the acceleration of its asset rotation plan, signing €260 million year-to-date at a 17% premium to Gross Asset Value and a 42% gross margin. The company also improved its guidance to 2028.
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08:08:44 AM UTC
SquawkNews
Neinor Homes accelerated asset rotation with a €110M land JV with Orion, bringing cash flows forward by over two years and upgrading guidance through 2028 while targeting €200—250M distributions in 2028 and faster deleveraging.Material DetailsContext by AI AnalystThis is a mid-cycle confirmation of…