MÄHREN AG well prepared for new market situation with half-year record 2022
- Berlin,
- 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.
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.
“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 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.
Press contact:
- Matthias Haack
- MÄHREN AG
- Tel.: +49 179 112 68 42
- Mail: haack@maehren.ag
