YOUNIQ AG

EANS-News: YOUNIQ AG publishes 2012 interim financial report

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6-month report

Subtitle: Operating profit (EBIT) of EUR 2.7 million in first half-year /
Positive consolidated net profit achieved / Acquisition of new locations in
Reutlingen and Düsseldorf / 195 units in "Renting and Trading Real Estate"
segment sold with book profit


Frankfurt am Main (euro adhoc) - August 31, 2012 - Following the conclusion of
the first half of 2012, YOUNIQ AG looks back at an overall positive business
development. The sale of the projects in Karlsruhe and Greifswald to MPC Capital
was completed on February 29, 2012, for example. The company also registered
greater dynamics in its "Student Housing" core business area with the
acquisition of two plots of land in Reutlingen and Düsseldorf in the second
quarter. Around 500 new apartments are to be created there, subject to the
successful conclusion of the building approvals process. The profit from the
market valuation of investment properties improved to EUR 4.7 million at Group
level in the first six months (previous year: EUR 2.6 million). Rental income
also grew to EUR 4.2 million (previous year: EUR 3.8 million). Further progress
was made with the disposal of the legacy portfolio. In its "Renting and Trading
Real Estate" segment, YOUNIQ AG sold eight properties with a total of 195 units
with a book profit. The YOUNIQ Group generated EUR 2.7 million of operating
profit (EBIT) in the first half of 2012 (previous year: EUR 2.6 million). At EUR
44 k, consolidated net profit was significantly above of the previous year's
loss of EUR 762 k. 

On the assets side, property, plant and equipment, and investment properties
fell to EUR 100.1 million as of June 30, 2012 due to the transfer of the
Greifswald und Karlsruhe projects to MPC Capital on February 29, 2012, and the
related de-consolidation. Total assets reduced to EUR 158.3 million in this
connection (December 31, 2011: EUR 183.7 million). On the financing side, YOUNIQ
AG significantly cut its non-current and current liabilities by EUR 25.0 million
to EUR 70.7 million (December 31, 2011: EUR 96.1 million). This is mainly
attributable to the repayment of project-related loans as part of the transfer
of the Greifswald and Karlsruhe locations to MPC. Equity increased slightly to
EUR 87.7 million as of June 30, 2012 (December 31, 2011: EUR 87.6 million). The
equity ratio as of the balance sheet date was up from 47.4% to 55.4% due to the
lower level of total assets.

Rainer Nonnengässer, CEO of YOUNIQ AG, commented as follows: "We are satisfied
overall with the course of the first half of the year, particularly in the
'Student Housing' area. Further operating highlights are due in the second half
of the year with the completion of our first locations in Frankfurt am Main and
Munich. The Munich Schleissheimer Strasse project will transfer to the MPC fund
as the third and penultimate property. We also aim to reach our 2012 forecast to
acquire five new projects in our 'Student Housing' segment. Disposals from our
real estate portfolio are also proceeding to plan overall so that we can assume
that we will be able to sell the portfolio by the end of the year."

The Management Board regards YOUNIQ AG as being outstandingly positioned on the
market to generate further growth. With a view to the continued good overall
conditions, the Management Board anticipates business growth and positive
results for 2012 and 2013.

The interim financial report as of June 30, 2012 can be downloaded from the
company's website at www.youniq-group.de within the Investor Relations area.


Company profile 

YOUNIQ AG

YOUNIQ AG has focused on student accommodation since 2009. The company covers a
significant range of the 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
3,770 high-quality apartments currently in the management or construction
phases. These properties are located at 14 sites in Germany, including Munich,
Erlangen, Karlsruhe, Frankfurt / Main, Mainz, Potsdam, Leipzig, Reutlingen and
Düsseldorf. YOUNIQ bundles its many years of experience in project development
and portfolio management for largely residential properties. Drawing on its past
business operations, YOUNIQ AG holds a portfolio of 756 properties that generate
a stable rental income stream. YOUNIQ AG (ISIN: DE000A0B7EZ7, German Securities
Identification Code/WKN: A0B7EZ) is listed on the Frankfurt Stock Exchange
(Prime Standard). 

Further information is available from: www.youniq-group.de


Further inquiry note:
Kontakt:
Investor Relations 
cometis AG 
Dirk Ulmer
Tel.: +49 (0)611 - 205855-24
Fax: +49 (0)611 - 205855-66 
E-Mail: ulmer@cometis.de

end of announcement                               euro adhoc 
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company:     YOUNIQ AG
             Eschersheimer Landstraße  6
             D-60322 Frankfurt am Main
phone:       +49(0)69 2474720
FAX:         +49(0)69 247472100
mail:     ir@youniq.de
WWW:      http://www.youniq-group.de
sector:      Real Estate
ISIN:        DE000A0B7EZ7
indexes:     
stockmarkets: free trade: Berlin, Düsseldorf, Stuttgart, regulated dealing/prime
             standard: Frankfurt 
language:   English
 



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