FRANKFURT-YOUNIQ AG has inked an exclusive partnership deal with MPC Munchmeyer Petersen Capital AG to issue numerous closed-end funds for student housing properties by the end of 2013. As per the deal, YOUNIQ will build and administer the student apartments, while MPC Capital will handle the marketing and structuring of the funds.

The partnership has also concluded its first transaction, which involves the sale of four student housing projects to a MPC Capital fund for nearly EURO 63 million. For the full story, go to Europe Real Estate .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.