Quabit merges with Neinor by absorption

Arcano has act as acted a sole advisor of the Board of Quabit on its merger with Neinor. The transaction creates the leader in the Spanish residential market thanks to the existing complementarity of both businesses. Neinor Homes increases portfolio to €2.000M

Quabit is a renowned residential developer in Spain with national projection and more than 20 years of experience. Its vertical integration within the construction business together with the track-record in strategic land management are some of its differential factors 1.Quabit is a renowned residential developer in Spain with national projection and more than 20 years of experience. Its vertical integration within the construction business together with the track-record in strategic land management are some of its differential factors.

Neinor is a Spanish leading residential developer that started its activity in 2015 with the acquisition of the real estate business of Kutxabank by Lone Star. In March 2017, it carried out with great success the first IPO of the development sector in Spain since the crisis of 2008.

 

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