Frankfurt-based Youniq is developing its second student living project in Leipzig with a total of 90 studio apartments on a gross lettable area of 2,660 m[sup]2[/sup] are slated for completion by the summer of 2011. Construction will start in spring of 2010.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
