DGAP-News: YOUNIQ AG / Key word(s): Quarter Results/Miscellaneous YOUNIQ AG publishes Q1 2013 results 17.05.2013 / 07:55 --------------------------------------------------------------------- - Further EUR 3.6 million of disposals from 'Renting and Trading' portfolio - Property-related operating expenses within continuing business improved to EUR 0.7 million (Q1/2012: EUR 0.4 million) - EBIT of EUR -1.1 million incurred (Q1/2012: EUR 0.5 million) Frankfurt/Main, May 17, 2013 - In the first quarter of 2013, the YOUNIQ Group continued to focus on divesting properties from its 'Renting and Trading Real Estate' area that do not form part of the core business. Disposals of EUR 3.6 million were notarially recorded in the period under review. Overall, the YOUNIQ Group generated earnings before interest and tax (EBIT) of EUR -1.1 million in the first quarter of 2013 (Q1/2012: EUR 0.5 million). This is being particularly attributable to the fact that no new plots of land were acquired for further project developments in the core business of 'YOUNIQ - Student Housing'. Rental income at Group level was boosted to EUR 2.5 million (Q1/2012: EUR 2.1 million). This growth is primarily attributable to the fact that the properties in Karlsruhe, Greifswald and Munich, which were sold and leased back as part of the MPC deal, have meanwhile been fully rented. This increase is nevertheless offset by a similar level of expenses arising from the disbursement of the fixed general lease payment to MPC. Property-related operating expenses within the continuing business improved to EUR 0.7 million (Q1/2012: EUR 0.4 million). The company incurred a EUR -0.3 million loss from changes in valuation of investment properties in these operations (Q1/2012: EUR 1.0 million). The total consolidated assets of the YOUNIQ Group reported a slight increase to EUR 160.1 million as of March 31, 2013 (December 31, 2012: EUR 157.6 million), with this increase reflecting additions of EUR 7.5 million in the 'YOUNIQ - Student Housing' segment arising from further investments in development properties. This was offset by a EUR 3.5 million fall in real estate assets in the 'Renting and Trading Real Estate' segment due to further disposals. The equity ratio stood at 49.4% as of March 31, 2013 (December 31, 2012: 51.5%). The quarterly financial report as of March 31, 2013 will be available for downloading during the course of today on the company's website at www.youniq-group.de within the Investor Relations area. Company profile 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 3,270 high-quality apartments currently in the management or construction phases. These properties are located at twelve sites in Germany, including Munich, Erlangen, 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. Drawing on its past business operations, YOUNIQ AG holds a portfolio of 656 properties. YOUNIQ AG (ISIN: DE000A0B7EZ7, German Securities Identification Code/WKN: A0B7EZ) is listed on the Frankfurt Stock Exchange (Prime Standard). Further information is available from: www.youniq-group.de Contact: Investor Relations cometis AG Dirk Ulmer Phone: +49 (0)611 - 205855-24 Fax: +49 (0)611 - 205855-66 Email: [email protected] End of Corporate News --------------------------------------------------------------------- 17.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: YOUNIQ AG Eschersheimer Landstraße 6 60322 Frankfurt am Main Germany Phone: +49 (0)69-2474720 Fax: +49 (0)69-247472100 E-mail: [email protected] Internet: www.youniq-group.de ISIN: DE000A0B7EZ7 WKN: A0B7EZ Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 211505 17.05.2013