28-10-2020 MÄHREN AG expands portfolio and also targets plot acquisitions and project developments
↳ Germany-wide acquisitions of portfolio properties in Berlin, Chemnitz, Hamburg and Dresden with altogether 70 units
↳ Investment volume of some 55 million euros
↳ Focus on in-fill constructions and project developments, erection of 21 semi-detached houses in Berlin Köpenick
Our forecast that despite the effects of the ongoing Covid-19 pandemic investments in the residential properties asset class would remain attractive has been confirmed. Besides acquisitions in Berlin, Eastern Germany and the Ruhr region, we have now turned our focus to our business activities in Hamburg and the whole of Northern Germany.
Project developments in affluent Berlin suburbs
In its home market of Berlin, Mähren AG is expanding its project development activities, investing increasingly in building lots the affluent suburbs and surroundings of the federal capital. For example, the company has inter alia acquired a some 7,000 square-meter site in metropolitan Potsdam for development. In Berlin-Köpenick, MÄHREN AG is planning to develop an acquired construction site with 21 semi-detached houses with altogether 2,500 square meters living space.
“We are intensifying our activities in the field of residential properties development. To that end, we are acquiring predominantly properties in need of development, commercial sites and building lots in Berlin and its close surroundings. We are excellently positioned to re-densify buildings or develop completely anew as the case may be. In Köpenick, for example, we are erecting modern owner-occupied homes in a very attractive location between Müggelsee and Dahme. The demand for living space in the Berlin region is enormous; and here, besides our core business of portfolio holding, we would like to make an offer with project developments in the mid-range segment,” says Mähren.
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