11-05-2023 MÄHREN AG acquires two apartment buildings in A-locations in Berlin
↳ Residential and commercial building with 1,365 sqm in Zossener Strasse in the popular Bergmannkiez district
We are pleased to have acquired two attractive residential properties in Berlin despite the tense economic situation and look back on a successful first quarter of 2023.
The acquired property in Paulsborner Strasse is located in the heart of Berlin in the immediate vicinity of Kurfürstendamm. The micro-location is currently developing very positively. Several real estate projects are reviving the historic splendor of the Ku’damm, and the location offers a variety of shopping opportunities, restaurants and cafés. In addition, the property is excellently connected to public transportation.
Zossener Straße is located in the Bergmannkiez, a trendy neighborhood in Kreuzberg that has been booming for years and continues to gain popularity, especially among the younger generations. The neighborhood is surrounded by numerous cafes, bars and restaurants offering a wide range of culinary delights. The area is also a popular shopping and arts area, with many boutiques, art galleries and craft stores.
Despite the ongoing dislocation in the German residential real estate market, MÄHREN AG continues to invest in A to C locations in high-growth cities with populations of 50,000 and above. Two further purchases in the Ruhr area and Berlin were recently notarized. In the first 4 months of 2023, MÄHREN AG quantifies transactions in the amount of more than 38 million euros in the group of companies through several acquisitions and sales.
About MÄHREN AG
MÄHREN AG is an owner-managed housing company based in Berlin. The company was founded by CEO Jakob Mähren in 2002. As a long-term oriented portfolio holder, MÄHREN AG buys mainly residential properties throughout Germany with a focus on the Berlin metropolitan region, the Rhine-Ruhr region, Eastern German medium-sized centers, Northern Germany and the Munich metropolitan area. In the past three years, the company closed deals worth more than two billion euros. Right from the start, the portfolio of residential and commercial space owned has been consistently expanding, standing today by more than 2,000 units.
Phone.: +49 30 / 72 62 76 1612