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Neinor Closes the Purchase of 400 Homes from Hadley for its Rental Business

The almost 400 homes are already in operation and are located in Madrid, Cataluña, Valencia, Alicante and Málaga.

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One of the promotions being developed by Neinor Homes.

The listed property developer Neinor has bought a portfolio of nine buildings containing rental homes from Hadley Investment, a Socimi controlled by TPG, the North American fund Texas Pacific, according to a statement filed by the company with the National Securities Market Commission (CNMV). In the end, the portfolio has been transacted for 58 million euros.

The homes that have been acquired used to operate under the umbrella of the company Sardes. The sale, which was agreed in December, was subject to the approval of the transaction by the company’s General Shareholders’ Meeting. CBRE advised Hadley Investments on the sale.

Read the full article in Spanish.

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