2013/11/04: YOUNIQ AG sells properties in Munich and Berlin to investors

YOUNIQ AG, the leading provider for student housing in Germany, has sold two properties from its "Student Housing" core business area to investors. These comprise the project in Munich's Berzeliusstrasse (123 apartments) and the property in Berlin's Iranische Strasse (375 apartments). The property in Munich was sold at book value before incidental transaction costs. A sales price significantly below book value was achieved for the Berlin property. Together with the property in Göttingen that was already sold in July of this year, however, the real estate portfolio has consequently been streamlined by the removal of two properties that no longer meet the YOUNIQ standard. The proceeds from the disposals are to be deployed within the operating business and will prospectively become cash-relevant before the end of the
fourth quarter of 2013.
» Read the full Press Release »

2012/03/01: YOUNIQ AG: Karlsruhe and Greifswald locations transferred to "MPC Deutschland 11" fund

YOUNIQ AG, market leader for student housing in Germany, is transferring its properties in Karlsruhe (370 units) and Greifswald (176 units) to the "MPC Deutschland 11" closed-end property fund with effect as of March 1, 2012. YOUNIQ is generating EUR 36.6 million of gross sales proceeds from this transaction, which are to be invested directly in the further expansion of its core "Student Housing"
business.
» Read the full Press Release »

2012/01/10: YOUNIQ AG: New projects in Bayreuth and Lübeck

YOUNIQ AG is further strengthening its position as a leading provider of high-quality student apartments in Germany with the acquisition of two new sites in Bayreuth and Lübeck. From April 2012, a total of 236 student apartments are to be created in Bayreuth, and a total of 187 in Lübeck, entailing a rentable space of around 9,100 m². The 5,800 m² (Bayreuth) and 5,200 m² (Lübeck) land plots are both located directly next to university campuses. YOUNIQ AG is investing around EUR 28 million into the new projects. The company anticipates that the construction and subsequent rentals will be completed by the 2013/14 winter semester. Both projects are to be recognised in profit or loss statement of the
fiscal year 2011.
» Read the full Press Release »

2011/11/29: YOUNIQ acquires new site in Potsdam

YOUNIQ AG, the leading provider of high-quality student apartments in Germany, has acquired an undeveloped plot of land of around 9,000 m² in Potsdam along with planning permission. A total of 388 new apartments with around 7,760 m² of rentable space are to be created in the Kiepenheuerallee directly next to the campus, entailing EUR 26 million of investment volume.
» Read the full Press Release »

2011/09/19: YOUNIQ AG drives ahead with portfolio optimisation

YOUNIQ AG, one of the leading providers of high quality student apartments in Germany, has sold the "Alte Hauptpost" property in Leipzig to a project company owned by Grand City Hotels GmbH, Berlin. Earnings on the sale of the property that is located on the Augustusplatz in Leipzig were optimised with the sales proceeds exceeding the property's book value of EUR 6.2 million. This particularly serves to help YOUNIQ expand its core "Student Housing" business.
» Read the full Press Release »

2011/08/31: YOUNIQ AG continues its expansion strategy

YOUNIQ AG, the leading provider of high-quality student apartments in Germany, continues to focus on its core "Student Housing" business. The company has acquired a further site in Frankfurt-Riedberg via notarial purchase agreement, with the property totalling an area of around 4,540 square meters. The project "YOUNIQ Riedberg II" will be built around 200 meters from campus and will encompass 254 apartments with a total living space of around 5,600 square meters as well as 85 parking spaces. Construction is due to begin in January 2012. This increases the number of apartments under management or under construction to
2,453 units.
» Read the full Press Release »

2011/06/29: Focus on Student Housing segment gains further
momentum

YOUNIQ AG, one of the leading providers of highquality student accommodation in Germany, has sold two undeveloped construction sections of the planned "Liechtensteiner Gärten" residential development to GRK Holding AG. At the same time, the successful disposal of the construction sections enables the company to discontinue its Project Development segment within one year. The Project Development segment renovates high-quality, listed residential real estate.
» Read the full Press Release »

2011/06/22: YOUNIQ AG celebrates breaking ground at Frankfurt-Riedberg

YOUNIQ AG, one of the leading providers of highquality student apartments in Germany, today celebrates its first ground-breaking for student apartments at Frankfurt-Riedberg. The company is realising a 234 residential unit project according to a design by architect Jan Dirk Müller-Seidler on a 5,380 m² area located directly next to the up-and-coming Riedberg Campus. The furnishing and design of the student apartments was developed in cooperation with the internationally renowned architectural and design bureau Matteo Thun & Partner. The student apartments offer high-quality furniture over an average living space of 22 m², and are rented according to the company's tried and tested all-in standard, which includes all ancillary costs, cable TV and high-speed Internet connection.
» Read the full Press Release »

2011/06/21: YOUNIQ drives ahead with realisation of growth strategy

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.
» Read the full Press Release »

2011/05/02: YOUNIQ drives ahead with expansion of core Student Housing business

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.
» Read the full Press Release »

2011/01/25: YOUNIQ AG is about to complete its second property in Leipzig

On a gross lettable area of 2,660 square metres, 87 studio apartments were created at the address Querstrasse 15/17. The apartments are located in a listed historic building originally raised by the architects Schmidt and Johile for the Teubner publishing house in 1907, and fully redeveloped for its new residents. "Even before the official opening, we have already let around one third of the apartments," said Rainer Nonnengässer, CEO of YOUNIQ AG. "This demonstrates the high demand for fully furnished studio apartments for the student community in Leipzig. We expect to achieve full occupancy by the 2011 summer semester."
» Read the full Press Release »

2010/10/05: YOUNIQ AG Acquires its First Location in Frankfurt am Main

With the acquisition of a 5,330 square metre plot in Frankfurt's Riedberg district, YOUNIQ AG is set to realise its first project in the state of Hesse after similar projects in Greifswald, Leipzig, Erlangen, Karlsruhe and Munich. The plot is located on Max-Born-Strasse and was sold by Hessen Agentur and project developer Gross & Partner. 230 student apartments based on the design of architect Jan Dirk Müller-Seidler will be raised here and enable students to have their own abode while remaining an integral part of the student community. Construction is scheduled to start in Q1 2011, and to be completed in time for the winter semester 2012. The investment volume totals 19 million Euros.
» Read the full Press Release »

2010/09/29: YOUNIQ "designed by Matteo Thun": YOUNIQ AG Adopts New Architectural Concept for its Ongoing Expansion

YOUNIQ AG just introduced a new approach called "YOUNIQ designed by Matteo Thun" as the company continues to expand. Together with the internationally active architectural firm Matteo Thun & Partners, the company not only refined and upgraded the quality of its architecture, fit-out and style, but revamped its entire structural concept of student lifestyle projects. The new approach of YOUNIQ, Germany's biggest provider of student living, includes the use of modular construction and of timber as building material. The YOUNIQ projects on Schleissheimer Strasse and Georg-Wopfner-Strasse in Munich serve as prototypes of Matteo Thun's design and the modular construction method.
» Read the full Press Release »

2010/04/13: Topping-out Ceremony for YOUNIQ AG in Karlsruhe

Six months after construction work started and three months after the commencement of the carcass construction, YOUNIQ AG celebrated the topping-out ceremony of its first YOUNIQ property in Karlsruhe. On an 8,500 sqm plot at the corner of Degenfeldstrasse / Gottesauer Strasse in the city's Oststadt district, 337 student apartments are under construction that will enable students to live within their own walls and at the same time to be an integral part of the student community. The 171 apartments of the first and second construction stage will be completed in time for the 2010/2011 winter semester, while stages three and four with another 166 apartments are slated for completion by the 2011 summersemester.
» Read the full Press Release »

2009/12/10: Construction Starts for YOUNIQ Project in Munich-Milbertshofen

Right on schedule, YOUNIQ AG commenced construction of the student living project the company to be realised in Munich's northern district of Milbertshofen. On a site located on Schleissheimer Strasse, the company will complete 85 student apartments - modelled on the YOUNIQ concept and meeting the needs of present-day students - in time for the winter semester of 2010/2011.
» Read the full Press Release »

2009/12/07: YOUNIQ realises its second project in Leipzig

YOUNIQ AG, seated in Frankfurt, is realising its second student living project in Leipzig. At Querstrasse 15/17, a total of 90 studio apartments on a gross lettable area of 2,660 square metres are slated for completion by the summer semester of 2011. Construction will start in spring of 2010. YOUNIQ AG already sold the estate during the project run-up to a private investor who signed a long-term management agreement with YOUNIQ AG to operate the properties according to the YOUNIQ concept.
» Read the full Press Release »

2009/10/20: YOUNIQ AG Holds Topping Out Ceremony at Second Property in Erlangen

Today, three months after the opening of their first student housing project in Erlangen, YOUNIQ AG (until mid-2009, "ALTA FIDES AG") will celebrate the topping out ceremony for the second phase of construction in Drausnickstrasse 1a. By April 2010, a further 94 apartments will be completed here in accordance with the YOUNIQ concept, which enables students to live in their own four walls and, at the same time, within a student community. "Students in Erlangen are already wistfully awaiting the nearly 100 additional YOUNIQ apartments.
» Read the full Press Release »

2009/10/13: YOUNIQ AG Acquires Second Location in Munich

With the acquisition of a second site in the campus city of Munich, YOUNIQ AG (formerly Alta Fides AG, rebranded in mid-2009) is about to realise its ninth YOUNIQ project for student housing in five different locations in Germany. The property on Georg-Wopfner-Strasse in Munich's Freimann district enjoys very good infrastructure, with its direct underground rail link (U6 line), as well numerous shopping facilities in the surrounding area.
» Read the full Press Release »

Contact  |  Imprint  |  Top  |  YOUNIQ.de »

© 2009-2014 YOUNIQ AG, Frankfurt am Main