Neinor Homes (ES:HOME) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Neinor Homes, S.A. has announced a partnership with Octopus Real Estate to create a joint venture focused on developing housing projects for the independent senior living sector in Spain, with an initial investment of 200 million euros. Neinor will hold a 20% stake in both the joint venture and the management company responsible for the assets post-construction, while also managing project design, licensing, marketing, and construction.
For further insights into ES:HOME stock, check out TipRanks’ Stock Analysis page.
