Press releases 2020
Frankfurt am Main/Gallus: Mercurius Real Estate buys residential buildings near Galluswarte
Mercurius Real Estate continues to expand its building portfolio. In the immediate vicinity of the Galluswarte, the Frankfurt real estate specialist has acquired two apartment buildings with a total rental area of 600 m². The property at Weilburger Strasse 19-21 comprises a total of around 1,000 m².
New buildings with more than 1,000 units have been constructed around the Galluswarte in recent years. With 422 apartments, Mercurius Real Estate has contributed to the upgrading of the location and has come to appreciate the up-and-coming Gallus during construction work.
The property now acquired has enormous potential for new construction. For the time being, however, Mercurius Real Estate will retain and manage the two buildings in its portfolio.
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 500 million euros. The owner-managed company based in Frankfurt/Main has already developed more than 1,500 residential units. Mercurius Real Estate AG is also building up its own portfolio of residential and commercial properties in Frankfurt and the surrounding area.