Neinor Homes plans to place 4.000 new dwellings on the market until 2020

Neinor Homes plans to place 4.000 new dwellings on the market until 2020

 

Currently, the company, leader in developing houses in Spain, is developing 5.000 new dwellings and should start construction works on a further 3.300, according to daily newspaper Valencia Plaza. The total amount of the investments is not yet known.

The new strategic plan «should reflect the company’s real value in its stock exchange quotation», reveals Neinor Homes’s CEO Juan Velayos to newspaper Cinco Días. This means that the value of the shares – which is currently 10.8 euro – should increase around 40%.

The company finished last year with a 50 million euro net profit. And, in that same year, it handed the keys to 1.000 houses.

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