MPC Capital: STAYTOO opens first apartment house for students in Berlin

14 May 2018



Hamburg/Berlin, 14 May 2018 - STAYTOO has opened its first apartment building in Berlin. STAYTOO Berlin is located in Dudenstraße and offers 154 apartments with living spaces between 17 and 24 sqm. Rental prices for the furnished units start at EUR 599 per month, vary depending on the size and location within the building and already include all ancillary costs such as heating, water, electricity and high-speed Internet access. The use of the fitness and common rooms is also included in the price.

The first students have already moved into their apartments. In addition to further STAYTOO locations in Bonn, Nuremberg, Kaiserslautern and Leipzig, the fifth STAYTOO property has now opened in Germany.

The apartment house was realized in cooperation with HD Projektentwicklungs GmbH as part of the development "Am Lokdepot". A walk through the neighbourhood shows the diverse attractions that Schöneberg, Kreuzberg and Potsdamer Platz have to offer. During the day, the areas of Winterfeld, Crelle, Bergmann and Yorck invite you to their sometimes classy, sometimes cool cafés and shops, while people enjoy the evening in the legendary bars and clubs.

New in STAYTOO Berlin is the "WeWash" concept for the Washing Lounge, which is contributed by BSH Hausgeräte GmbH, a member of the Bosch Group. An app shows whether machines are currently available and sends notifications as soon as the laundry is ready. The comfortable ambience of the Washing Lounge and a selection of various coffee specialties invite you to linger. "We are proud to have found in Bosch a partner that meets the needs of our student tenants with innovative concepts. Now we are striving for further partnerships with student-relevant services and manufacturers," comments Christian Scheuerl, Managing Director of MPC Micro Living Development GmbH.

The Hamburg-based asset and investment manager MPC Capital is responsible for the development and marketing of the STAYTOO apartments. Together with institutional investors, MPC Capital has built a platform for micro-apartments to create high-quality and affordable housing for students. The guiding principle is to optimally combine the areas of studying, working and living. All STAYTOO properties are characterised by modern apartments that offer space for individuality. At the same time, common areas for learning, having fun and chilling allow social contact among students at all times.

About MPC Capital AG
MPC Capital AG is an international asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 260 employees group-wide.

Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 40 38022-4347
e-mail: s.zenker@mpc-capital.com

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