Corporate | 3 March 2016 08:04

MPC Capital Builds STAYTOO Apartments in Leipzig

DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Miscellaneous

2016-03-03 / 08:04
The issuer is solely responsible for the content of this announcement.

MPC Capital Builds STAYTOO Apartments in Leipzig

– It’s the fourth STAYTOO micro-apartment site
– Slated for completion by the 2017/2018 winter semester

Hamburg/Leipzig, March 3 ^rd , 2015 – Leipzig will be the fourth location for MPC Capital’s student apartment platform STAYTOO ( www.staytoo.de ). The Hamburg-based asset manager and investment managers acquired a plot in the district of Connewitz near the University of Technology, Economy and Culture and the University of Telecommunications. The company intends to start developing micro-apartments for students at the site this coming spring. The property was acquired from a private seller.

Rainer Nonnengässer, Head of the Micro Living division at MPC Capital, had this to say about the choice of location: “Leipzig has experienced accelerating growth in recent years, which is primarily attributable to its economic clout. Yet the city is an attractive choice not just for businesses, but also for students.”

The property is located at Karl-Liebknecht-Strasse 144. Here, 110 student apartments on a gross floor area of around 4,000 sqm are to become available for students of nearby higher education institutions by fall of 2017. The property will also provide common-part areas, a washing lounge, a reception area, and a bicycle storage room.

“Enrolment at higher education institutions in Leipzig currently totals around 36,000 students. Demand for high-quality apartments that satisfy the expectations of today’s students keeps going up,” explained Nonnengässer. He went on to say: “The idea is to offer modern housing solutions with the high-end amenities of the STAYTOO brand to students in Leipzig.”

About MPC Capital AG ( www.mpc-capital.de )
MPC Capital AG is an independent asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 240 employees group-wide.

Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 (40) 380 22-4347 Fax +49 (40) 380 22-4878
E-mail: s.zenker@mpc-capital.com

Digital press kit STAYTOO: https://www.dropbox.com/sh/7bidtbxlvljq7xv/AAC1NGhcJhTXgRJ1ASxQ4hXBa?dl=0

2016-03-03 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	MPC Münchmeyer Petersen Capital AG
	Palmaille 75
	22767 Hamburg
	Germany
Phone:	+49 (0)40 380 22-0
Fax:	+49 (0)40 380 22-4878
E-mail:	kontakt@mpc-capital.com
Internet:	www.mpc-capital.de
ISIN:	DE000A1TNWJ4
WKN:	A1TNWJ
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt

End of News DGAP News Service