MPC and Dunman Capital acquire Berlin residential portfolios

MPC Investments (MPC) has partnered with Dunman Capital Partners (Dunman) to acquire two Berlin-focused residential portfolios for its Multifamily Housing ESG (MHF ESG) platform. 

Berlin - Dunman Capital

These portfolios, totalling twelve older residential buildings with around 30,000 m2 of rentable space, are part of a "Manage-to-Green" strategy. This strategy focuses on modernising and decarbonising older German residential properties to improve energy efficiency and reduce CO₂ emissions.
The acquisitions, which involved both a complex share deal and a traditional asset deal with two Spanish residential investment companies, were financed by Berlin Hyp. Dunman's role as operating partner highlights its Urban Sustainable Residential strategy, which aims to modernise existing buildings to meet current ESG standards.
Launched in 2025, the MHF ESG platform, with an initial investment of approximately €120 mln and a medium-term target of €500 mln, will actively manage these sustainably oriented residential investments. Dunman will oversee the legal structuring, regulatory compliance, and ESG reporting, ensuring all modernisations align with environmental standards to offer institutional investors ESG-compliant residential real estate products.
Josip Kardun, founding partner at Dunman, said: “Together with our partner MPC, we are expanding our presence in the Berlin housing market and reaffirming our commitment to sustainable value creation. Our goal is to transform housing stock into energy-efficient, ESG-compliant investments that combine environmental impact with sustainable financial performance. By improving energy performance certificate (EPC) ratings, reducing CO₂ emissions, and implementing integrated ESG management, we are avoiding stranded assets and creating next-generation, price-resilient residential properties.” 
The strategy, initially launched in Berlin, will gradually extend to Germany's top seven cities. It will target residential portfolios that require significant modernisation but also have high tenant demand. The platform's goal is to convert older residential buildings into sustainable, future-proof investments.