Press Release

MÄHREN GROUP is looking to invest up to 200 million euros in the Berlin residential property market

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.

„Almost without exception, we bought the residential units in a difficult market phase in Berlin and held them in our portfolio over the years. Now was the right time for disposal. That Akelius, a company we have come to appreciate as a sound and reliable partner, was the buyer is all the more pleasing. The released capital will now be invested in further expansion. Sometimes you have to take a step back to get a good run-up.“

Jakob Mähren, CEO

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

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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