MPC Münchmeyer Petersen Capital AG

Regulatory Filings • Mar 12, 2015

News Details

Corporate | 12 March 2015 12:00

MPC Capital Establishes New Player STAYTOO in the Micro Living Segment

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

2015-03-12 / 12:00

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MPC Capital Establishes New Player STAYTOO in the Micro Living Segment

– STAYTOO as brand for student housing projects

– Student housing development guided by concepts of individuality, community, and affordability

– First project: a development in Nuremberg

Hamburg, 12 March 2015 – Asset and investment manager MPC Capital AG will develop and operate student housing projects under the brand STAYTOO ( www.staytoo.de ). This was announced by Rainer Nonnengässer, Head of the Micro Living division of MPC Capital, on occasion of the event “Student Housing Investment Briefing” at this year’s MIPIM real estate fair in Cannes. Nonnengässer, who is considered one of Germany’s most eminent minds in the field of student housing, is planning to establish MPC Capital on the market as player in the area of micro living with an emphasis on student housing. In order to position itself at the head of the field, MPC Capital expects to continue the expansion of the joint venture with the Danish property investor Sparinvest Property Investors that was set up in July 2014, and keep developing the jointly formed student apartment platform.

“There are nearly 2.7 million university students in Germany today. Most of them crave a type of accommodation that combines individuality, community and affordability. So this is the value-add formula underlying the approach we take to align our student apartment platform with the actual needs of students. Students want to have the choice of studying and living either on their own or together with others, and want to be able to make that choice any time. STAYTOO picks up on this philosophy, and implements it in optimal ways when creating student accommodation,” said Rainer Nonnengässer. MPC Capital sees its products as an up-to-date alternative to flatshares and halls of residence.

One of the first STAYTOO projects is located in Nuremberg where the company recently acquired a centrally located plot. The plan is to create high-quality, affordable student accommodation that combines the aspects of studying, working and living in a single place, and construction work will start this summer. STAYTOO properties are characterised by modern flats that leave plenty of room for personal lifestyle choices. At the same time, common-part areas for studying, hanging out and lounging make social contact among fellow students an option any time.

About MPC Capital AG ( www.mpc-capital.com )

MPC Capital AG is an independent investment manager specialising in real asset investments and investment products, as well as their management and administration, in the three core areas Real Estate, Maritime Investment and Infrastructure. Since 1994 MPC Capital AG has launched over 300 investment projects with a total real-asset investment volume of more than EUR 19 billion.

Contact

MPC Capital AG

Stefan Zenker

Head of Investor Relations & Public Relations

Tel. +49 40 38022-4347

Fax +49 40 38022-4878

e-mail: s.zenker@mpc-capital.com

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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

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