Ares buys 401 dwellings to rent

Ares buys 401 dwellings to rent

This operation, carried out by the American asset management company, was the first the company closed in Spain this year for which it was advised by consultant Colliers. The amount of the deal, as well as the identity of the sellers,  were not disclosed by daily newspaper Eje Prime which reported the news.

This set of dwellings is located in the municipality of Alcalá de Henares, East of the Spanish capital.

Apart from this operation, Ares will also offer to sell 800 dwellings to several developers, such as Aedas Homes, Metrovacesa and Momentum.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!