YOUNIQ AG YOUNIQ AG, a leading German student housing provider, announces changes in the Management Board of the company. Marcus Schmitz, the former sole member of the Management Board of YOUNIQ AG, and the YOUNIQ AG have agreed not to extend Mr Schmitz's Management Board contract, which expires on 31 December 2014. Mr Schmitz is seeking to take on new challenges in the real estate industry.
The Supervisory Board of YOUNIQ AG has appointed Mr Alexander Kersting as successor as sole member of the Management Board, he was appointed to the Management Board with immediate effect. Alexander Kersting has extensive expertise in the field of capital markets and corporate development and financing in the real estate sector.
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 around 2,500 high-quality apartments currently in the management or construction phases. These properties are located at twelve sites in Germany, including Munich, Karlsruhe, Frankfurt / Main, Mainz, Potsdam, Leipzig and Bayreuth. YOUNIQ bundles its many years of experience in project development and portfolio management for largely residential properties. YOUNIQ AG (ISIN: DE000A0B7EZ7, German Securities Identification Code/WKN: A0B7EZ) is listed on the Frankfurt Stock Exchange (Prime Standard).
Contact:
Investor Relations:
cometis AG
Mr Rolf Becker
Phone: +49 (611) 20585540, Fax: +49 (611) 20585566
E-Mail: investor-relations [@] youniq.de
Amendment Date: 2014/12/18
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