Neinor Homes forms EUR 110 million land joint venture with Orion Capital Managers

Bitget2026/10/06 08:03

Neinor entered a EUR 110 million joint venture with Orion Capital Managers to sell a land portfolio not yet in development. Orion will hold 90% of the JV. Neinor will retain a 10% stake. Transaction forms part of EUR 260 million of asset-rotation deals signed year-to-date at a 17% premium to GAV. Neinor expects cash flows to be brought forward by more than two years. It will also earn management fees and a promote. Deal underpins updated guidance through 2028, including 2027 net debt of EUR 800-850 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neinor Homes SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060402PRIMZONEFULLFEED1001276493) on October 06, 2026, and is solely responsible for the information contained therein.

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