Doughty Hanson & Co Real Estate, one of Europe's leading real estate fund managers, has entered Spain by acquiring a 50% shareholding in Aranco, a family-owned residential developer. A private company established in 2000, Aranco develops mid-market homes in central Spain. It currently owns eight residential developments and is expected to deliver 1,000 units over the next two years.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
