17.08.2015
MPC Münchmeyer Petersen Capital AG DE000A1TNWJ4
DGAP-News: MPC Capital to Develop 387 Micro-Living Apartments in Kaiserslautern, Germany
DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s):
Miscellaneous
MPC Capital to Develop 387 Micro-Living Apartments in Kaiserslautern,
Germany
17.08.2015 / 09:00
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MPC Capital to Develop 387 Micro-Living Apartments in Kaiserslautern,
Germany
- MPC Capital is planning to raise micro apartments for students, young
professionals and commuters
- Completion scheduled for summer 2017
Hamburg, 17 August 2015 - MPC Capital, a Hamburg-based asset and investment
manager, is planning to build nearly 400 micro-living apartments in
Kaiserslautern in keeping with its current expansion strategy. Under its
STAYTOO brand, the company will offer modern, high-quality housing
accommodation in the economically strong town in the southern part of
Rhineland-Palatinate. The University of Technology and the University of
Applied Sciences in Kaiserslautern have a combined enrolment total of
17,000 students. At the same time, the town is home to several institutes
of the Fraunhofer Society, the Max Planck Institute for Software Systems,
and the Business + Innovation Center (bic) along with any number of
companies, particularly from the IT industry.
"In addition to university students, our project focus is expressly on
young professionals and commuters working in Kaiserslautern, a city dubbed
'Silicon Woods' as one of Germany's technology hubs. The apartments will
accommodate the living expectations of the 'Millennials' generation.
Bespoke living comfort paired with social connectivity are the cornerstones
of these ambience-conscious tenants," said Rainer Nonnengässer, Head of
Micro Living division at MPC Capital, as he elaborated on the company's
plans.
By summer of 2017, around 400 apartments will be created for students,
young professionals and commuters on a gross building area of 12,279 sqm.
Like the other STAYTOO brand properties, the new scheme will offer a
reception area, a "Washing Lounge" laundromat, and common-part areas for
socialising. The grounds extend over roughly 3,150 sqm and offer ample
space for recreational and leisure activities. The building also includes
an underground car park with around 88 parking spots.
STAYTOO is also considering the development of a start-up business centre
at the apartment complex. The STAYTOO philosophy complements the holistic
concept of the Kaiserslautern Technology Park: living, research, working,
shopping, and recreation interact in a productive symbiosis.
Kaiserslautern is the third project of the micro-living platform STAYTOO
that MPC Capital will realise in collaboration with Danish investor
Sparinvest Property Investors. Previously realised properties of this type
are located in Bonn and Nuremberg. STAYTOO has its focus on all major
campus towns in Germany.
About MPC Capital AG (www.mpc-capital.de)
MPC Capital is an independent investment manager specialising in
tangible-based investments and their management in the three core areas of
real estate, maritime investments, and infrastructure. Since 1994, MPC
Capital has launched altogether 300 investment projects, realising tangible
assets in a total value of more than 19 billion euros.
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: [email protected]
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17.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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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: [email protected]
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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