Press Release

MÄHREN AG acquires 350 residential units for 50 million euros and plans purchases for 200 million euros in 2021

Berlin, March 11, 2021. MÄHREN AG, a long-term oriented portfolio holder with a focus on residential real estate, looks back on a successful fiscal year 2020 despite all economic restrictions and pandemic-related challenges. Successful purchases were made mainly in the second half of the year, and in total MÄHREN AG was able to complete transactions amounting to 135 million euros last year.

„In addition to new locations such as the greater Hamburg area and the entire Munich metropolitan area, we continue to invest in and around Berlin despite all regulations and uncertainties - here primarily in rental houses, residential complexes and land. We believe in the capital as an attractive cultural and business location and thus a stable housing market. This year we want to invest at least 200 million euros and further expand our portfolio nationwide.“

Jakob Mähren, CEO

The company, which has its roots in Berlin, now operates almost throughout Germany and has recently extended its radius of action to the Munich conurbation. Across Germany, 350 residential units with a total floor space of around 34,000 square meters have already been acquired for more than 50 million euros in recent months, adding to the portfolio in Berlin, eastern Germany (Magdeburg, Chemnitz, Dresden), the Ruhr region (Essen, Dortmund), Hamburg and Munich. A major component of the purchases: residential complexes, rental houses and land in the Berlin metropolitan region.
In addition to existing properties, MÄHREN AG has also acquired further development projects in the Munich area, among others. The business area is being successively expanded.

Recent examples of successful property acquisitions in recent months include a well-maintained residential complex in Dortustraße in Dortmund with nine residential buildings and 52 units, an attractive old building in Maxim-Gorki-Straße in Dresden with 12 units and a well-maintained old building with 30 units in Talstraße in Chemnitz. Further purchases have already been negotiated and are currently ready for notarization.

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.

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