21-12-2017 MÄHREN AG brings record year 2017 to a close with a new round of acquisitions
↳ 2017 transaction volume rises to 600 million euros
The acquisition successes in the hotly contested markets of Berlin and the two most popular locations in Eastern Germany, Dresden and Leipzig, underscore the depth of market expertise we have accumulated in the 15 years of our firm's history. Even now we can speak of an absolute record year and still have more acquisitions in the immediate preparation phase.
In 2017, MÄHREN AG expanded its portfolio by altogether 20 apartment buildings in Berlin, Dresden, Leipzig and Magdeburg with altogether 513 residential units. In addition, a residential portfolio with 27 buildings was acquired and an investment made in a commercial property in Berlin City-West. This most recent acquisition of apartment buildings raises Mähren AG’s acquisition volume in 2017 to more than 200 million euros – the transaction volume to 600 million euros.
“We will have to substantially raise our acquisition target of 300 million euros for 2017 and 2018,” says Mähren. “We have an excellent equity capital base and a constant acquisition pipeline. Our well-known strengths, our network and our market expertise, are growing year in, year out.”
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 and Northern Germany. In the past three years, the company closed deals worth more than a billion euros. Right from the start, the portfolio of residential and commercial space owned has been consistently expanding, standing today at more than 2,000 units.
Phone: +49 30 / 72 62 76 1612