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Neinor Will Generate a Recurring EBITDA of €150 Million From 2021

The company led by Borja Garcia-Egotxeaga believes that the merger with Quabit will be key to delivering its strategy and growth over the coming years.

Borja Garcia Egocheaga 2. CEO Neinor Homes 1024x682 1 1 696x464 1

The listed property developer Neinor Homes is intending to diversify its business. It will maintain its focus on house sales, but it will also be present in the home rental business and in the management of third-party real estate assets.

In addition, the group is preparing to generate a recurring gross operating profit (EBITDA) of 150 million euros per year, according to Borja García-Egotxeaga (pictured above) speaking to Expansión.

Read the full article in Spanish.

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