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

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Company Information

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

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