08-07-2022 MÄHREN AG well prepared for new market situation with half-year record 2022
↳ Purchases in Berlin as well as in Dresden, Augsburg and the Ruhr area
“It can currently be observed that prices are visibly declining in some cities and locations. We saw this development coming and in the first half of the year sold a larger residential portfolio from the long-term portfolio, which was developed over many years in the Company Group, at the previous market level,” explains Jakob Mähren, CEO Mähren AG.
With this strategic decision, the company was able to significantly build up equity and once again increase its own portfolio quality.
We are well prepared. Our goal is to continue to actively invest and significantly expand our portfolio under the new market conditions with the liquidity and equity strength we have gained. We see attractive opportunities, expect this trend to continue, and are already pleased to have a full acquisition pipeline.
“It has become clear that the strategic decision to open a NRW branch in Essen in the coming weeks was the right one in order to achieve our growth target in the Ruhr region. With local staff, we will be able to significantly increase our effectiveness in the future, so that we can also make purchases there with the same speed and agility that we have been successfully achieving in Berlin and eastern Germany for years,” adds Jakob 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 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