Announced

Neinor Homes and Avenue Capital to form a joint venture.

Synopsis

Neinor Homes, an innovative residential developer, and Avenue Capital, an investment firm, to form a joint venture. Financial terms were not disclosed. “This agreement further confirms the growth potential and scalability of Neinor’s joint venture model. In just over one year, we have already exceeded our 5-year target of €500m assets under management, and we are continuing to work on our JV model to provide further visibility on Neinor’s equity efficient growth strategy," Borja García-Egotxeaga, Neinor Homes CEO.

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