CBRE Investment Management, LLC acquired Dual Homes in Madrid from Neinor Homes, S.A. for ?25 million.
July 19, 2023
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CBRE Investment Management, LLC acquired Dual Homes in Madrid from Neinor Homes, S.A. (BME:HOME) for ?25 million on July 20, 2023. The asset comprises 8,932 sqm across two adjacent buildings and includes 94 dwellings,123 parking units and 52 storage units and is due to be completed in December, 2023. CMS Albiñana & Suárez de Lezo, S.L.P. acted as legal advisor to CBRE. Elix advised CBRE and Savills advised Neinor in this transaction.
CBRE Investment Management, LLC completed the acquisition of Dual Homes in Madrid from Neinor Homes, S.A. (BME:HOME) on July 20, 2023.
Neinor Homes SA, formerly Neinor Homes SLU, is a Spain-based company engaged in the real estate sector. The Company focuses on the design, construction and promotion of residential properties. It develops housing projects in various Spanish cities, such as Malaga, Madrid, Barcelona, Cordoba, Vizcaya, Alicante, Almeria and Gerona.