Press releases 2018
Mercurius Real Estate buys residential building with 42 units near ECB
Mercurius Real Estate AG has expanded its real estate portfolio with a building complex in Frankfurt's Ostend. The residential property near the Ostendstraße S-Bahn stop dates from 1960 and comprises 42 residential units on an area of around 2,100 square metres. In addition, there are two commercial units with a total of around 600 square meters.
At the latest since the European Central Bank moved into the quarter, Ostend has become a flourishing district. Restaurants, shopping and leisure facilities are within walking distance of the building in Hölderlinstraße - including the Alte Feuerwache with two large supermarkets and Frankfurt Zoo. Suburban trains, underground trains and trams stop practically on the doorstep.
Mercurius Real Estate will expand its portfolio to around 100 million euros in the coming years. The focus is on classic apartment buildings in Frankfurt am Main and the surrounding area, which have potential for expansion. Further properties from the Rhine-Main area are currently being examined and are close to completion.
About Mercurius Real Estate AG
The properties of Mercurius Real Estate AG, founded in 2009, close gaps in demand on the residential market. The focus is on contemporary concepts such as "micro apartments" and "compact living". The focus of activities is on German metropolitan areas.
The volume of current and completed projects amounts to around 250 million euros. The owner-managed company based in Frankfurt/Main has already built more than 1,500 units. The subsidiary Mercurius Services GmbH, founded in 2013, supplements the range of services with infrastructural, commercial and technical services for real estate.
Mercurius Real Estate AG is also building up its own portfolio of apartment buildings in Frankfurt and the surrounding area.