In Schkeuditz, Maxar AG is planning the "Elster Quartier" with around 400 apartments on the site of a former fur factory. The goal is to combine sustainable construction with affordable housing.

MAXAR AG plans to build 2,000 apartments in and around Berlin

MAXAR AG looks back on a successful fiscal year 2025. In a market environment that continued to be characterized by increased construction costs, demanding financing conditions, and restrained investor demand, the company was able to further consolidate its position as a reliable project developer. All projects currently in sales were fully sold, all construction projects are proceeding according to plan, and the pipeline was significantly expanded through several targeted land acquisitions. In total, over 150,000 square meters of living space are currently under development. Strong sales in a challenging environment “The fact that we were able to fully place all projects in 2025 as well is a clear sign of the quality of our products and the trust of our partners,” says Dr. Mario Weißkopff, CEO of MAXAR AG. “In a market where many projects were postponed or discontinued, we rely on solid locations, efficient planning, and economically viable concepts.” Progress on the construction site – two projects handed over six months early A special result of the year 2025 was the complete early completion of two projects in the Magdeburg area. Both were handed over free of defects six months before the agreed completion date. All other ongoing construction projects continue to move within the projected time and cost framework despite complex framework conditions. Land acquisitions strengthen the development base With five new land purchases, MAXAR AG was able to further expand its stable project pipeline for the coming years: a plot with building permission for 260 residential units in Berlin-Spandau, a plot with building permission for 130 residential units in Elstal near Berlin, an area in the northern Berlin suburbs with a legally binding development plan for approx. 600 residential units, two plots in the southern Berlin suburbs, each with potential for approx. 400 residential units. This prepares the sales launch of approx. 2,000 residential units starting in 2026 – a significant contribution to residential development in the capital region. Planning development in Schkeuditz Another important step was the development plan for an entire quarter with approx. 400 residential units, developed jointly with the city of Schkeuditz, which was unanimously approved on November 27. With this resolution, the way is clear for the construction of barrier-free apartments according to the latest energy standards. The granting of building permits is expected shortly. Outlook “Our results show that clear location strategies, reliable processes, and sustainable project development have an impact even under difficult market conditions,” says Dr. Mario Weißkopff. “With a well-filled pipeline and stable construction projects, we look forward to the year 2026 with great confidence.”