Trei sells Fischerhof residential project in Mainz to family office managed by Berenberg

Trei Real Estate GmbH has completed the sale of its Fischerhof residential development in Mainz to a family office managed by Berenberg Real Estate Management GmbH. The transaction involves a fully occupied property comprising 88 rental apartments with a total residential area of approximately 6,500 square metres. The development was completed in July 2024. The sale price has not been disclosed.

The Fischerhof project is located at the Zollhafen site, a new urban quarter being developed at the former customs port in Mainz. It is Trei’s second completed project at this location, following the adjacent Lotsenhof development, which includes 95 apartments and was sold to Competo Capital Partners GmbH in 2022.

Trei has increasingly pursued the sale of completed residential projects, including three developments in Berlin sold to MEAG in 2024. While the company has historically retained its residential assets in its own portfolio, it is now considering further sales based on market conditions.

The company currently has around 1,150 apartments under development in cities including Berlin, Hamburg, Munich, Düsseldorf, and Wiesbaden.

CBRE acted as advisor to Trei during the transaction, with legal support provided by the law firm Dentons.