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ECB deposit rate 2.50%Euro area 10-year 3.39%Bank of England 3.75%Official rates →

Europe · Business news · Corporate · 06 Oct 2026

Spain's Neinor Homes raises its 2027 EBITDA target to €260-280 million and plans €555 million of payouts

EU Real Estate Consumer Discretionary

What happened

Housebuilder Neinor Homes lifted its 2027 guidance to EBITDA of €260-280 million (from €240-260 million) and net income of €160-170 million, and gave 2028 targets at the same levels for the first time; 2026 guidance of €240-260 million EBITDA was kept. It sold a €110 million land portfolio into a joint venture in which Orion Capital Managers holds 90% and Neinor 10%, and has signed €260 million of asset sales this year at a 17% premium to gross asset value. The shares rose about 4%.

Why it matters for listed companies

Neinor is returning capital instead of holding land: about €555 million, or €5.71 a share, over two years, and a planned €200-250 million dividend for 2028, funded partly by a €400 million asset-rotation plan of which another €100 million is under negotiation. Selling plots above book value to a partner-funded venture brings cash forward and keeps Neinor as the developer on a 10% stake. It is a contrast with this week's cut in guidance at brickmaker Wienerberger on weak housebuilding elsewhere in Europe, and it comes as Spain heads to a November 29 election.

Reported by Investing.com — “Neinor Homes stock jumps on raised guidance and dividend plan” ↗ on 06 Oct 2026.

Rates and currencies since this was reported

Official series on 06 Oct 2026 or the last day before it, and the latest observation.

ECB deposit facility rate
2.50% → 2.50% unchanged
06 Oct 2026 → 16 Oct 2026 · European Central Bank
Euro area 10-year yield (AAA)
3.52% → 3.39% -13 bp
06 Oct 2026 → 15 Oct 2026 · European Central Bank
Euro in US dollars
1.1269 → 1.1253 -0.0016
06 Oct 2026 → 16 Oct 2026 · ECB reference rate
Euro in pounds sterling
0.8488 → 0.8438 -0.0050
06 Oct 2026 → 16 Oct 2026 · ECB reference rate
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

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