Home Companies Neinor and CB...

Neinor and CBRE Team Up with Gil Family to Build 5,000 Homes

The listed developer will design the complex and execute marketing, while the consultancy will be in charge of marketing.

The residential developer, Neinor Homes, and the consultancy CBRE have joined as partners in Aster for Life, a company created by Óscar Gil Marín to build 5,000 homes in Los Ángeles de San Rafael. The area is located between the Segovian municipalities of El Espinar and Vega de Matutes, less than an hour from Madrid.

The project will begin in the coming months and create more than 1,100 homes in the first phase and some 5,000 units over 15 years. The first 150 homes will be marketed before the summer, with prices starting at 200,000 euros, according to El Confidencial.

In Neinor Homes’ case, this is a strategic agreement as, at least in this first phase, it will not assume the development risk. According to the company, Neinor will be responsible for designing the complex and the marketing strategy. Depending on this initial phase’s success, the developer has an option to acquire the land for building the next 4,000 homes.

Read the full article in Spanish

B-Exclusives

The Largest Players in Housing Sales and Rentals in Madrid

The big data platform Brainsre has conducted a study to determine the leading real estate brokerage firms that dominate the supply of housing for sale and rent in Madrid and its neighbourhoods.

The Leaders of Spain’s Rental Housing Market

Engel & Volkers, aProperties and Spotahome lead Spain’s rental housing market by volume, according to Brainsre data.

Increased Demand for Houses in Madrid Leaves Supply at Six-Year Low

The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.

Latest news

How Merlin, Intu, Unibail and Redevco See the Future of Shopping Centres

Changes in use, rents, co-existence with online sales and a very different relationship with their tenants. Large retailers are evaluating the impact of the crisis on their businesses, albeit with optimism.

INE: Housing Sales Up by More Than 30% in March

 According to a report published Friday by Spain’s National Statistics Institute, the figure has returned to its highest point since July 2019.

Bankinter Finalises Acquisition of Montepino’s Logistics Portfolio

With the transaction, Bankinter has created the largest logistics real estate socimi in Spain, with a portfolio of 865,000 square metres and €1.2 billion in projects under development.