Skip to main content

Neinor Homes completes €140mn ABB, eyeing further growth opportunities in a buoyant Spanish Residential market

Written by Customer Service on . Posted in Public Companies.

MADRID, 24th of October of 2025 – Neinor successfully raised €140mn through an accelerated bookbuild offering (ABB) through the issuance of 8,900,190 new shares at €15.73/sh

Orion, Neinor’s largest shareholder, subscribed €100mn, reinforcing its long-term commitment to the company and confidence on its equity efficient growth strategy

An additional €40mn was subscribed by existing shareholders who continue to support the company following the €229mn ABB successfully executed in June

Spain remains one of the safest residential markets globally, being structurally undersupplied, underleveraged and offering compelling long-term growth opportunities in a highly fragmented market

Over the past 2.5 years Neinor, and its strategic partners, have closed land acquisitions worth more than +€2,700mn to develop c.31,000 housing units targeting opportunistic returns

With the acquisition of AEDAS fully funded, Neinor expects to use net proceeds to pursue further growth opportunities in Build-to-Sell and the emerging Alternative Living segments

Borja García-Egotxeaga, CEO of Neinor Homes, commented: “We are very pleased with the outcome of this transaction and the continued support from Orion, which once again demonstrates its confidence in Neinor’s long-term strategy and growth potential, as well as from institutional investors who have reaffirmed their backing. The proceeds will allow us to continue expanding in the most attractive segments of the Spanish market while maintaining a disciplined approach to capital deployment.”

Jordi Argemí, Deputy CEO and CFO, stated: “This capital raise further strengthens Neinor’s balance sheet and enhances our capacity to execute on the pipeline currently under analysis. The participation of our cornerstone shareholder alongside other long-term institutional investors underscores the strong confidence in Neinor’s strategy, execution, and value creation potential. Following its €50mn equity investment in Neinor’s asset management business in 2023, Orion’s participation in this transaction represents a renewed show of commitment to the company and its long-term vision.”

* For the full regulatory announcement please refer to Neinor’s webpage (https://www.neinorhomes.com/en/corporate/investors/market-notifications/other-relevant-information/)

-ENDS-

For more information:

NEINOR HOMES
Investor Relations Department
investor.relations@neinorhomes.com

H/ADVISORS MAITLAND
NeinorHomes@h-advisors.global
David Sturken                                +44 7990 595 913
Billy Moran                                +44 7554 912 008

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.