17. Juli 2012     Print Print 

Youniq purchases a 9,800 m² property in Düsseldorf

Youniq AG has acquired its first “student housing” project in the federal state of North Rhine-Westphalia. A total of 292 student apartments are to be built in Düsseldorf’s Witzelstraße from the start of 2013. The investment volume stands at around €26 million. Provided the construction work begins and progresses to schedule, the company anticipates that the project will be completed in time for the start of the 2014 summer semester. The new project takes the number of Youniq apartments under management or construction to a total of 3,770 units.


The federal state capital Düsseldorf, the second-largest city in North Rhine-Westphalia in terms of population, enjoys an excellent reputation as a university location with a high standard of living and quality of life. The University of Düsseldorf performed outstandingly well in the highly regarded CHE university rankings last conducted in November 2011, including in the disciplines of business administration and law. The university obtained top marks for admission requirements in particular. Around 17,000 students are currently studying on the campus of the local university. The city centre and campus are around a kilometre away from the site as the crow flies and the university hospital can be reached within a few minutes by foot. Local amenities and public transport are available in the direct vicinity.