Barcelona Meeting Point INTERVIEW
With this space we have the capacity to build about 12,000 homes, which puts us at the forefront of the developers who have led the recovery of the residential segment in our country. We do not only consider ourselves as housing creators, but above all transformers of a sector that needed to be updated urgently to recover the confidence of the clientele.
JUAN VELAYOS, CEO OF NEINOR HOMES
“Catalonia consolidates itself as a strategic place in the growth plans of Neinor Homes” Neinor Homes returns to the BMP, this time as a listed company. In the last year the developer has undergone great changes, which have allowed for its contiuous growth... The IPO was a natural step for the company that has allowed us to institutionalize even more and continue to gain financial muscle. The basis of our business is in equity, to continue to buy land in
areas where there is a strong and real demand for housing. Our way of working is based on observing the market, studying which are the locations with most demand and only then do we invest in them, this philosophy has not changed since we became listed, it is part of our DNA. In the last year, we have significantly increased our portfolio of developable land, which already exceeds 1.3 million m2 in Spain. 51
What does the Catalan market represent for Neinor Homes? More than 25% of Neinor Homes developments are in Catalonia, which continues to be one of our relevant markets and has undoubtedly become one of the key drivers of the housing recovery in Spain. In Catalonia, we have long been acquiring land near the city of Barcelona, in strategic and well connected locations that require new quality housing. What’s new for Neinor Homes in BMP 2017? In this edition we focus on Sitges, Sabadell, Sant Just Desvern and Sant Cugat del Vallès. They are four of our biggest activities due to their good connection with Barcelona, whether by road or train, and also because they offer a great quality of life, an aspect that, with recovery, regains importance for families. In recent years we have observed that the recovery of the residential segment began in large cities, such as Barcelona and Madrid, and has gradually extended to other locations. In Catalonia, there are areas outside the metropolitan area with strong potential, such as Sitges, where we have invested from the beginning, or Sabadell, where we have just unveiled our first development. Sitges has been a clear success story. Sitges Homes development, 5 minutes from the centre, has more
