↳ Initial acquisitions of about 220 units in Berlin
↳ 2014 most successful year in the company’s history
↳ Sale of 835 residential units to Akelius for about 85 million releases new capital for acquisitions

Berlin, February 2, 2015. The MÄHREN GROUP, a real estate investor with a focus on residential properties in Berlin, has announced plans for acquisitions for up to 200 million euros for the coming years. “We are continuing to grow,” says Jakob Mähren, Executive Shareholder of the MÄHREN GROUP. “We are sticking to our investment strategy and will continue to invest in buildings with development potential within the boundary set by the Berlin rapid-transit ring and selected buildings in prime locations in the federal capital.” As a first step, the company acquired about 220 residential units in Charlottenburg, Mitte and Pankow for about 25 million euros in the past weeks alone. “The new holdings are ideally suited for long-term management and delivering a positive cashflow,” comments Mähren.

 Sale to Akelius releases further capital for acquisitions
In addition, MÄHREN GROUP sold 835 residential units to Akelius for about 85 million euros a couple of weeks ago.

In 2014, the MÄHREN GROUP generated a total investment volume of about 145 million euros through acquisitions and disposals on the Berlin residential property market and can thus look back on the most successful business year in the company’s history. “We select our investment targets at the micro level and always consider the value creation potential from long-term holding. For us, both residential portfolios and individual rental properties represent potential acquisitions,” adds Mähren.

About the MÄHREN GROUP

The MÄHREN GROUP is a Berlin-based real estate investor and holder of residential property portfolios. The company was founded by the Executive Shareholder Jakob Mähren in 2002. The MÄHREN GROUP invests primarily in real estate with development potential within the boundary set by the Berlin rapid-transit ring. The extended investment radius includes not only Central and Eastern German regional centers but also selected residential markets throughout Germany. Currently, the MÄHREN GROUP has over 2,000 residential units in its portfolio and over 40 employees in five offices in Berlin.