Spain 
Italy 
Greece 
Arcano AM Completes Fund Raising for Iberian Real Estate Fund
9 March 2020 – Spain’s Arcano Asset Management, a subsidiary of Arcano Partners, announced that it had reached its target of €130 million in funds for its second real estate fund, the Arcano Value Added Real Estate II (AVA II). Arcano raised a total of 130 million euros, having invested 48% of the total to date.
The AVA II real estate fund targets Spanish and international investors, focusing on value-added transactions in consolidated areas and any sector of the real estate market. The fund generally concentrates, however, on residential assets in the principal Spanish cities, such as Madrid and Barcelona. Arcano will also invest up to 20% of its total funding in opportunistic investments in Portugal.
Original Story: Idealista
Translation/Summary: Richard D. Turner