German-listed Youniq has commenced construction of a student living project in Munich's northern district of Milbertshofen. The company will deliver 85 student apartments - modelled on the Youniq concept - on a site located on Schleissheimer Strasse in time for the winter semester of 2010/2011.

German-listed Youniq has commenced construction of a student living project in Munich's northern district of Milbertshofen. The company will deliver 85 student apartments - modelled on the Youniq concept - on a site located on Schleissheimer Strasse in time for the winter semester of 2010/2011.

Youniq said its properties represent conceptual real estate that provides its student tenants with high-end, fully furnished apartments, and a diversified range of recreational activities, discounts on products and services. The programme extends from lower gym membership rates, to hosted student parties, all the way to degree- and career-planning services.

The company is also due to start construction of another 130 apartments on Georg-Wopfner-Strasse in the Frei­mann district in the North of Munich in early 2010.

The Youniq concept relates to the provision of studio apartments of roughly 22 m2 each, to be let at an all-inclusive rent of EUR 550.