German real estate company Mähren is planning to invest €200 mln in real estate, primarily focusing on residential properties.
The company aims to acquire larger portfolios, including residential complexes, housing developments, and prefabricated buildings, in key areas like Berlin, the Rhine-Ruhr region, and cities across Germany with a population of 50,000 or more.
The first purchases have already taken place in the first half of 2024.
To further diversify its holdings, Mähren will also expand its industrial real estate portfolio through its subsidiary Industreal. Additionally, Vivest will increase its investments in residential properties in the Berlin area that can be privatized.
The company has recently sold several residential and commercial buildings from its real estate portfolio, capitalizing on favorable market conditions, including a large Berlin portfolio. These sales activities generated a total revenue of €150 mln.
Jakob Mähren, CEO of Mähren, commented: ‘We see good market conditions and market-based prices. The residential property market will also develop positively in the medium and long term. Now is the right time to invest. We used the challenging times on the market to make the company fit for the future. Now we are in a good market position with our business model and our attractive liquidity.’
Earlier this year, Mähren moved into its new 1,000 m2 headquarters at Kurfürstendamm 185 in Berlin.
Mähren focuses on acquiring residential properties across Germany, with a particular emphasis on the Berlin metropolitan region and the Rhine-Ruhr area. Since its inception in 2002, the company has completed real estate transactions valued at over €2.5 bn. The company's current portfolio comprises more than 1,000 residential and commercial properties.
