On Sunday, the listed property developer Neinor Homes announced a significant change in its shareholding. In parallel, the Luxembourg investment fund Stoneshield Capital reported the acquisition of 14,760,436 shares in Neinor, representing 18.453% of its share capital, through the entity Stoneshield Southern Real Estate Holding II.
The Stoneshield fund was founded by the former directors of Lone Star – the founding fund of Neinor Homes – Juan Pepa and Felipe Morenés approximately three years ago. With an investment capacity of more than 300 million euros, it made its first acquisition in 2020: a student residence in Valencia. It also holds a stake in the real estate firm Domo.
Read the full article in Spanish.
