21 November 2019 – Ares has finalised the acquisition of a portfolio of 401 rental homes in the vicinity of Alcalá de Henares. The homes are in a new residential area that has easy access to Spain’s capital, Madrid, via the A-2 motorway and public transport.
The acquisition is set to significantly increase the supply of rental homes in the area. Colliers advised Ares on the transaction, details of which were not disclosed.
Original Story: El Economista – Alba Brualla
Adaptation/Translation: Richard D. K. Turner