MÄHREN GROUP beats 100-million-euro investment goal for 2015
- Berlin, 15. Dec 2015
- Acquisition of over 1,200 units with a total volume well above 100 million euros in 2015
- Since early November five acquisitions in Berlin, Halle (Saale) and Leipzig for altogether over 17 million euros
- Investment goal for the coming years hiked to 300 million euros
Berlin, December 15, 2015. The MÄHREN GROUP, a real estate investor focusing on Berlin residential properties, has already acquired over 1,200 residential units this year and thus significantly beaten the investment goal of 100 million euros it had set itself. “The acquisitions were part of our strategy to execute investments for 200 million euros in the coming years. That we have already exceeded the 2015 milestone of 100 million euros shows we are well on track,” says Jakob Mähren, Executive Shareholder of the MÄHREN GROUP. “For the next years we are therefore raising our investment goal to 300 million euros.”
Since November, the MÄHREN Group has acquired five new properties. Three acquisitions were apartment buildings in Berlin. Two of those properties are in Berlin-Mitte: one with 31 residential units and 3,550 square meters of space and one with 14 residential units and about 800 square meters of space. Another apartment building with 42 residential units and 3,472 square meters of living space plus three commercial units with altogether 777 square meters of space is located in Berlin-Neukölln.
For the first time this year, the MÄHREN GROUP has extended its investment radius to selected cities in Eastern and Central Germany. In the last months, about 300 residential units in Leipzig, Halle and Magdeburg were acquired for the long-term portfolio. November saw the acquisition of two more properties: an apartment building in Leipzig with twelve residential units on 693 square meters and one in Halle (Saale) with 14 residential units on 753 square meters of living space. “In the next years we are planning investments of 100 million euros in Eastern and Central Germany, ” says Mähren. “These may well involve other cities in Eastern and Central Germany, such as Dresden, Erfurt, Jena or Rostock.”
About the MÄHREN GROUP
MÄHREN AG is an owner-managed residential real estate company based in Berlin. The company was founded in 2002 by CEO Jakob Mähren. As a long-term oriented property holder, MÄHREN AG primarily acquires residential properties across Germany, with a focus on the Berlin metropolitan region and the Rhine-Ruhr area. Since its founding, the company has completed transactions worth more than 2.5 billion euros. Its current portfolio consists of more than 1,000 residential and commercial units.
Press Contact:
- Matthias Haack
- MÄHREN AG
- Tel.: +49 179 112 68 42
- Mail: haack@maehren.ag
