Press Release

MÄHREN AG boosts transaction volume to more than 91 million euros

Berlin, August 30, 2018. MÄHREN AG, a long-term oriented portfolio holder with a focus on residential properties, boosted this year’s transaction volume to more than 91 million euros. An acquisition for about 34 million euros has now added altogether 397 residential units with a total space of more than 30,000 square meters to the portfolio of the Berlin-based housing company. Five of the acquired multi-family houses are located in the federal capital (Charlottenburg, Mariendorf, Reinickendorf, Wedding) and one on the outskirts of Berlin. In addition, two further multi-family houses were acquired in Leipzig and one in Magdeburg. Also acquired was a residential portfolio in Frankfurt an der Oder.

No sign of the summer-time blues in our company. And our acquisition pipeline remains full to the brim, so that we anticipate a strong closing quarter 2018.

Jakob Mähren, CEO

Back in Q1 2018, MÄHREN AG acquired five residential properties for about 13.5 million euros.
This raised the acquisition volume in this year alone to about 47.5 million euros. MÄHREN AG also recently sold a portfolio for about 43.8 million euros.

About MÄHREN AG

MÄHREN AG is an owner-managed residential real estate company based in Berlin. The company was founded in 2002 by CEO Jakob Mähren. As a long-term oriented property holder, MÄHREN AG primarily acquires residential properties across Germany, with a focus on the Berlin metropolitan region and the Rhine-Ruhr area. Since its founding, the company has completed transactions worth more than 2.5 billion euros. Its current portfolio consists of more than 1,000 residential and commercial units.

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