↳ Transaction volume of more than 157 million euros in the first half of the year
↳ Purchases in Berlin as well as in Dresden, Augsburg and the Ruhr area

Berlin, July 7, 2022. MÄHREN AG, a long-term oriented and nationwide operating portfolio holder with a focus on residential real estate, looks back on one of the most successful half-year results in the company’s history. In total, the company realized a transaction volume of more than 157 million euros in the first half of the year. In doing so, the company made use of its excellent business relationships and recorded numerous purchases in the capital Berlin, in Dresden, Augsburg, the Rhine-Ruhr region and other locations.

“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.

In the first half of 2022, the MÄHREN Group records the purchase of more than 30 properties. These include, among others, numerous multi-family houses in the long-standing home market of Berlin, rental houses in Dresden and Augsburg and, as planned, more properties in the Ruhr region, including Bochum, Essen and Oberhausen.

“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.

Website: https://www.maehren.ag/en