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Neinor Homes Earmarks €236 Million to Build Almost 900 Homes in Esplugues

The developer has acquired 43% of the ARE Montesa plan's buildable surface area along with almost 15,000 square meters of land for commercial use.

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Neinor Homes has demonstrated its commitment to the residential and rental market in Cataluna with the announcement that it is going to invest more than 236 million euros in the development of the ARE Montesa plan, in the Barcelona town of Esplugues de Llobregat. That figure includes the cost of acquiring the land and the planned investment to develop the promotions.

Specifically, the company has acquired 43% of the buildable surface area in the sector, where it will develop 869 homes, plus another 14,358 square metres of commercial space.

Read the full article in Spanish.

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