EANS-News: YOUNIQ raises FY 2010 earnings

- Total revenues increased by 2.7% to around EUR 44.2 million due to
successful project development
- Consolidated net income improved to
around EUR 5.0 million (previous year: around EUR 1.6 million)

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Financial Figures/Balance Sheet

Subtitle: - Total revenues increased by 2.7% to around EUR 44.2
million due to successful project development - Consolidated net
income improved to around EUR 5.0 million (previous year: around EUR
1.6 million)

Frankfurt am Main (euro adhoc) - Frankfurt am Main, March 18, 2011 -
YOUNIQ AG, one of the leading providers of quality premium student
accommodation in Germany, has today published its 2010 business
results. Total revenues were up by 2.7% to around EUR 44.2 million.
At the same time, consolidated net income for the year rose
significantly from around EUR 1.6 million to around EUR 5.0 million.

With around EUR 30.7 million, the "Student Housing" core business
contributed the largest portion to YOUNIQ's total revenues. This
resulted both from the successful construction progress on new
student accommodation in Karlsruhe, Munich, Erlangen, and Leipzig and
from the purchase of additional land, such as in Munich and Frankfurt
am Main (Riedberg). In line with the company's plans, total revenues
fell in the "Project Development" and "Renting and Trading Real
Estate" segments, which are no longer a strategic focus.

After deducting operating costs - comprising predominantly of
property related operating expenses and construction costs, as well
as expenses for personnel, marketing and sales - the company
generated earnings before interest, tax, depreciation and
amortisation (EBITDA) of around EUR 9.5 million. This represents
growth of 14.6% compared with the previous year (around EUR 8.3
million). After depreciation and amortisation, YOUNIQ AG reported
EBIT of around EUR 8.7 million (previous year: around EUR 8.1
million). Consolidated net income underwent a marked increase,
tripling from around EUR 1.6 million to approximately EUR 5.0
million. It included positive one-off tax effects of around EUR 3.2
million. This corresponds to earnings per share of EUR 0.70 (previous
year: EUR 0.21), given a total of 7,050,000 shares outstanding.

Rainer Nonnengässer, CEO of YOUNIQ AG, was very satisfied with the
2010 business year: "Our new projects for student accommodation are
developing in line with our plans. Our concept - fully furnished
student apartments with high-quality design including TV and Internet
connection - is enjoying rapidly growing demand. So far, all our
projects have been let within a short period following completion."
CFO Dr. Marcel Crommen also looks to the future with optimism: "Our
pipeline includes numerous new projects for student housing. For this
reason, we are reviewing appropriate financing solutions in order to
realise these projects successfully, too. In this way, we aim to
further strengthen our market leading position for high-quality
student accommodation."

The annual report 2010 will be available for download on the
company´s website www.youniq-group.de under the section Investor
Relations in the course of the day.

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 qm. 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

end of announcement euro adhoc
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ots Originaltext: YOUNIQ AG
Im Internet recherchierbar: http://www.presseportal.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: wiehle@cometis.de

Branche: Real Estate
ISIN: DE000A0B7EZ7
WKN: A0B7EZ
Börsen: Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Frankfurt / regulated dealing/general standard