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Press release residential real estate

MÄHREN AG acquires 480 rental units in Q2 2021 and invests a total of around EUR 100 million

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.

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.

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

“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 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 a billion euros. Right from the start, the portfolio of residential and commercial space owned has been consistently expanding, standing today at more than 2,000 units.

Website: https://www.maehren.ag/en

Press contact:

Karl-Philipp Jann
PB3C GmbH
Phone.: +49 30 / 72 62 76 1612
Email: jann@pb3c.com



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