12:21 AM EDT, 10/06/2026 (MT Newswires) -- Neinor Homes (HOME.MC) and Orion VI European 2 agreed to form a joint venture to develop mid-range real estate projects in Spain. The joint venture aims to develop 1,097 residential units with a buildable residential area of more than 107,064 square meters, according to a Monday release. Neinor Homes will hold a 10% stake in the JV, while Orion will hold the remaining 90%. The Spanish homebuilder noted that the transaction is subject to the fulfilment of certain customary conditions.

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