Spain's largest real estate developer Neinor Homes SA. is raising shareholder dividends and financial targets, and will pay shareholders €280 million this year. The company will establish a new residential development joint venture with Orion Capital Managers, into which Orion invests 110 million euros and holds 90% of the shares. Neinor is advancing an asset-light real estate development strategy, relying on partners to provide financial support, thereby freeing up cash for shareholder returns.

Spain's largest real estate developer Neinor Homes SA. is raising shareholder dividends and financial targets, and will pay shareholders €280 million this year. The company will establish a new residential development joint venture with Orion Capital Managers, into which Orion invests 110 million euros and holds 90% of the shares. Neinor is advancing an asset-light real estate development strategy, relying on partners to provide financial support, thereby freeing up cash for shareholder returns.