YOUNIQ AG

EANS-News: YOUNIQ drives ahead with realisation of growth strategy

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Company Information


Frankfurt am Main (euro adhoc) - - Purchase of a land plot of around 7,700 m² in
Mainz
- Creation of 395 student apartments directly next to university 

Frankfurt am Main, June 21, 2011 - Following the successful conclusion of its
capital increase, YOUNIQ AG, one of the leading providers of high quality
student apartments in Germany, is pushing further ahead with the implementation
of its project pipeline. The company has acquired an undeveloped plot of land
close to the university from Wohnbau Mainz GmbH with a notary purchase
agreement. The "YOUNIQ Mainz" project entailing a total of 395 apartments is to
be created on an area of around 7,700 m² at Wallstrasse 31-37. 

Locational benefits of the "YOUNIQ Mainz" development include proximity to both
the university campus and public transport connections at Mainz Central Railway
Station.  Shops offering daily requirements can also be found within easy
walking distance. YOUNIQ AG plans to rent fully furnished apartments based on
its tried and tested all-in standard. This comprises all incidental costs
including Internet and cable connections. The new project in Mainz boosts the
number of apartments that are either being managed or are under construction to
around 2,200 units, thereby further strengthening YOUNIQ's market-leading
position in Germany.

Rainer Nonnengässer, CEO of YOUNIQ AG, expressed his great pleasure at the newly
acquired site in the Rhine-Main region as follows: "With almost 40,000 students,
a high quality of life, and a shortage of apartments, Mainz comprises a highly
attractive location for us. We are confident that we will shortly report on
further acquisitions, and thereby continue to consistently pursue our growth
strategy."

 
Company profile 

YOUNIQ AG

YOUNIQ AG has focused on student accommodation since 2009. The company covers a
significant range of the student accommodation value chain - ranging from the
purchase of real estate and land, through project development including
planning, planning permission procurement and construction, all the way through
to commercial and technical management. YOUNIQ has developed into a leading
provider for this segment with currently 2,199 high-quality apartments under
management or under construction. These properties are located at eight sites in
Germany, including Munich, Erlangen, Karlsruhe, Frankfurt am Main and Leipzig.
YOUNIQ bundles its many years of experience in the project development and asset
management areas for largely residential properties. Drawing on its historic
business operations, YOUNIQ AG holds an additional portfolio of 1,049 units that
generate a stable rental income stream. YOUNIQ AG (ISIN: DE000A0B7EZ7, German
Securities Identification Code/WKN: A0B7EZ) is listed on the Frankfurt Stock
Exchange (General Standard). 

Further information: www.youniq-group.de


Further inquiry note:
Investor Relations 
cometis AG 
Ulrich Wiehle 
Tel.: +49 (0)611 - 205855-11 
Fax: +49 (0)611 - 205855-66 
E-Mail: wiehle@cometis.de

end of announcement                               euro adhoc 
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company:     YOUNIQ AG
             Neue Mainzer Strasse  28
             D-60311 Frankfurt am Main
phone:       +49(0)69 35101480
FAX:         +49(0)69 351014890
mail:     ir@youniq.de
WWW:      http://www.youniq-group.de
sector:      Real Estate
ISIN:        DE000A0B7EZ7
indexes:     
stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, regulated
             dealing/general standard: Frankfurt 
language:   English
 



Weitere Meldungen: YOUNIQ AG

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