EANS-News: YOUNIQ drives ahead with expansion of core "Student Housing" business

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Frankfurt am Main (euro adhoc) - - Rental start of development project in
Karlsruhe entailing a total of 370 student apartments
- Third property in Leipzig: construction now underway for 76 units in the
Schützenstrasse
- Construction commences in Frankfurt am Main with 233 student apartments
expected in short term

Frankfurt am Main, May, 2 2011 - YOUNIQ AG, one of the leading providers of high
quality student accommodation in Germany, has achieved further milestone targets
in the implementation of its expansion strategy. The company's focus on its
"Student Housing" business segment is gaining further dynamics with the
construction start of the development project in Leipzig, the shortly awaited
construction kick off in Frankfurt am Main, and the rental start of the YOUNIQ
property in Karlsruhe.

Construction work on the development project in the Schützenstrasse 2a in
Leipzig has commenced punctually with the start of the summer semester. The
project, which entails a total rental area of around 2,400 m² and 76 units
should be ready as student accommodation already by the end of 2011, according
to the current planning status. Together with the apartments at Querstrasse
15/17, which were already completed, and the property at Paul-List-Strasse
24/26, which was already completed in 2009/2010, YOUNIQ AG will be represented
in Leipzig with a total of 253 units on completion.

In Frankfurt am Main, a total of 233 student apartments are to be created at
Max-Born-Strasse by the 2012/13 winter semester. Construction is expected to
start shortly on the 5,330 m² plot of land in the Riedberg city district. The
one-room apartments, which average approximately 22 m², will be equipped with
high-quality furniture, as well as kitchens and baths. The All-in-rent from EUR
425 per month also comprises all incidental costs, electricity, cable TV, and
high-speed Internet connection, which allows students to calculate their costs
on a fixed basis.

The YOUNIQ property in the eastern city district of Karlsruhe (Karlsruher
Oststadt) is also about to be completed. Rentals have started as a consequence.
A total of 370 high-quality student apartments have been created in four
construction stages on the approximately 8,500 m² area of land between the
Degenfeldstrasse and the Gottesauer Strasse, and in direct proximity to the
university. The property, which consists of a total of six buildings, was
realised according to designs produced by the well established architectural
office of Veit Ruser & Partner.

Rainer Nonnengässer, CEO of YOUNIQ AG, expressed his great pleasure in these
positive operating trends as follows: "We have again proved our project
management expertise with the progress to schedule of the project in Karlsruhe -
which is our largest property for Student Living to date. High demand for our
student apartments in Karlsruhe provides evidence of the excellent quality of
the location, since student accommodation is in particularly scarce supply
there." CFO Dr. Marcel Crommen went on to add: "Important steps for the
establishment of the YOUNIQ concept across the whole of Germany have been
achieved with the construction start in Leipzig, and the positive trend in
Frankfurt am Main. Not least in view of rising student figures, we identify
attractive potentials in the student accommodation market, both in Leipzig,
where we are already realising our third local property with the apartments in
the Schützenstrasse, and in Frankfurt am Main. We aim to consistently exploit
this high demand dynamics, and offer further apartments that are perfectly
tailored to meet student requirements."

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 1,804 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 with a rentable area of more than 79,000
m². 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:
Contact:
Investor Relations
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 - 205855-11
Fax: +49 (0)611 - 205855-66
E-mail: [email protected]
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: [email protected]
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

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