MÄHREN AG acquires 480 rental units in Q2 2021 and invests a total of around EUR 100 million
- Berlin,
- Transactions of more than EUR 134 million in H1
- Commitment to the capital’s real estate market and expansion of the Berlin portfolio despite politicians’ continuing desire for regulation
Berlin, July 13, 2021. MÄHREN AG, a nationwide portfolio holder with a long-term orientation and a focus on residential real estate, is acquiring numerous residential properties in Berlin in Q2 2021. Among them is a portfolio of three residential complexes comprising 345 residential and commercial units on a total of around 29,000 square metres of usable space. The properties are located in the popular Berlin districts of Kreuzberg (Moritzplatz), Neukölln (Schillerkiez) and Wedding (Antonkiez). The company is also acquiring another residential complex in the Neukölln district of Berlin with just under 100 residential units.
„I continue to believe in the positive development of my home city of Berlin, its attractiveness as a place to live and do business, and the appeal of the residential real estate market that goes with it – irrespective of the ongoing regulatory appetite in the political arena. We remain committed to our annual target.“
Jakob Mähren, CEO
„I continue to believe in the positive development of my home city of Berlin, its attractiveness as a place to live and do business, and the appeal of the residential real estate market that goes with it – irrespective of the ongoing regulatory appetite in the political arena. We remain committed to our annual target.“
Jakob Mähren, CEO
MÄHREN AG has succeeded in further expanding its portfolio in the capital thanks to its excellent market penetration as well as its outstanding and long-standing business relationships and market knowledge. In total, the company has already been able to conclude transactions for around EUR 134 million throughout Germany in H1 2021 and has thus already reached the total transaction level of the previous year. Further purchases are about to be signed and are in preparation.
“As a company with a long-term focus, we are very interested in how Berlin develops in the future, as well as in a smooth working relationship between tenants and landlords. We were able to quickly conclude agreements to forestall the pre-emption rights for our properties as a result of productive cooperation with the municipal authorities. This provides additional security for existing leases”, says Mähren.
About MÄHREN AG
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