Solvia Will Market Over 6,000 Neinor Homes Properties Valued At 400 Million

15 February 2016 – Expansion

The agreement will mean an increase in sales of these properties for Neinor Homes.

Solvia has reached an agreement with Neinor Homes to market a portfolio of 6,200 properties of this residential developer valued in EUR 400 million and consists mainly of residential assets acquired from financial institutions, the company said.

Specifically, 60% of the properties in the portfolio are homes and, to a lesser extent, are business premises (17%), land (13%), offices (6%) and other assets such as warehouses, garages, lumbers, etc. Likewise, 80% of the assets are located in Andalusia, Madrid and the Basque Country.

The contract will mean for Neinor Homes an increase in the sales of these properties, while allowing Solvia to increase the market share of the company in the regions where these assets are located.

Solvia accumulates over 50,000 properties sold since 2011, through its multi-channel marketing model and its open and territorial structure platform that allows the company to maximize the value in the marketing of assets.

Original story: Expansion (by Europa Press)

Translation: Aura Ree