In this paper, the performance of cloud radio access networks (CRANs) where spatially distributed remote radio heads (RRHs) aid the macro base station (MBS) in transmission is analysed. In order to reflect a realistic scenario, the MBS and the RRHs are assumed to be equipped with multiple antennas and distributed according to a Poisson point process. Both, the MBS and the RRHs, are assumed to employ maximal ratio transmission (MRT) or transmit antenna selection (TAS). Considering downlink transmission, the outage performance of three schemes is studied; first is the selection transmission (ST) scheme, in which the MBS or the RRH with the best channel is selected for transmission. In the second scheme, all the RRHs participate (ARP) and transmit the signal to the user, whereas in the third scheme, a minimal number of RRHs, to attain a desired data-rate, participate in transmission (MRP). Exact closed-form expression for the outage probability is derived for the ST scheme. For the ARP and MRP schemes, analytical approximations of the outage probability are derived which are tight at high signal-to-noise ratios. In addition, for the MRP scheme, the minimal number of RRHs required to meet a target data rate is also calculated which can be useful in characterizing the system complexity. Furthermore, the derived expressions are validated through numerical simulation. It is shown that the average diversity gains of these schemes are independent of the intensity/number of RRHs and only depend on the number of antennas on the MBS. Furthermore, the ARP scheme outperforms the ST scheme when the MBS/RRHs transmit with maximum power. However, in case of a sum power constraint and equal power allocation, the ST scheme outperforms the ARP scheme.