DGAP-Media: MPC MÃ¼nchmeyer Petersen Capital AG: MPC

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jul 9, 2014 at 3:15 AM

DGAP-Media: MPC MÃ¼nchmeyer Petersen Capital AG: MPC Capital expands student housing platform and launches joint venture with Sparinvest

(DGAP-Media / 09.07.2014 / 09:09) MPC Capital expands student housing platform and launches joint venture with Sparinvest Hamburg, 9 July 2014 - MPC Capital has set up a joint venture with the Danish property investor Sparinvest for which multiple student housing facilities will be developed in Germany. After the MPC Deutschland 11 retail fund launched in 2011, which invested in four student housing facilities run by a third-party operator, the Hamburg investment and asset manager MPC Capital is now establishing its own development and operating platform. The joint venture will invest in properties at various attractive university locations in Germany. The property specialists from MPC Capital will handle the project development and management themselves. Rainer NonnengÃ¤sser, a proven expert for student housing in Germany, is heading the platform. MPC Capital discovered the appeal of the market for student housing at an early stage and in 2011 set up a fund for private investors that invested in student housing at several locations in Germany. In light of rising participation in education and growing internationalisation, the forecasts for long-term development in student figures are positive; around 2.5 million students in Germany are projected for 2025. At the same time, there is growing demand - which will already exceed supply for some time - for small-scale living space on account of the trend towards living alone. "Our concept is built on convenient, efficient and affordable living space - and therefore satisfies the requirement structure for broad student groups," explained Rainer NonnengÃ¤sser. "We are happy to form a student housing platform with Sparinvest, where both parties are significant investors" said Director of Products and Sales, Dr. Roman Rocke, of the transaction. "Sparinvest acknowledged our team's specialisation in this niche sector in which we offer the full value chain from a single source, from structuring and project development to the operation and sale of the properties. The investment decision was preceded by extensive due diligence by Sparinvest." Sparinvest invests on behalf of their third global fund, Sparinvest Property Fund III, which has just announced a final close of EUR 317 million in total committed capital from a group of leading pension funds, foundations and family offices. MPC Capital AG MPC Capital (ISIN DE000A1TNWJ4/WKN A1TNWJ) is a Hamburg-based investment and asset manager for real asset investments. Since 1994, MPC Capital has developed, initiated and sold real asset investments that it actively supports as a fund manager throughout the product cycle in the interests of private and institutional investors. To date, more than 180,000 customers have invested a total of around EUR 7.9 billion in 326 MPC Capital investment products. The total investment volume since the company was founded amounts to around EUR 18.9 billion. MPC Capital AG is listed in Deutsche BÃ¶rse's entry standard in Frankfurt. www.mpc-capital.com Sparinvest Property Investors Sparinvest Property Investors (SPI) was established in 2005 with the aim to provide investors with exposure to real estate through carefully selecting local partners in the Americas, Europe and Asia. SPI manages three funds with total commitments of approximately EUR 1 billion. SPI's team consists of 11 dedicated professionals with vast experience in property investment and management, corporate finance and private equity. SPI is owned by its three leading partners and Sparinvest. www.property.sparinvest.dk Contact MPC Capital AG Public Relations Tel +49 (40) 38022-4347 Fax +49(40) 38022-4878 E-mail presse@mpc-capital.com This is non-binding PR information. End of Media Release --------------------------------------------------------------------- Issuer: MPC MÃ¼nchmeyer Petersen Capital AG Key word(s): Real estate 09.07.2014 Dissemination of a Press Release, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: MPC MÃ¼nchmeyer Petersen Capital AG Palmaille 75 22767 Hamburg Germany Phone: +49 (0)40 380 22-0 Fax: +49 (0)40 380 22-4878 E-mail: kontakt@mpc-capital.com Internet: www.mpc-capital.de ISIN: DE000A1TNWJ4 WKN: A1TNWJ Listed: Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, Hannover, MÃ¼nchen, Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP-Media --------------------------------------------------------------------- 277238 09.07.2014

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Servier's Data on Tovorafenib Shows Promise in pLGG

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Novo's Research Unlocks New Insights into Food Noise

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

KINGRVER Boosts RV Comfort with New Water Heater Lineup

An Upgrade for the Open Road In the land of RV living, comfort is king—or in this case, KINGRVER. Dropping affordable upgrades for water heaters into the world of RVs, KINGRVER's CT6 lineup is like a warm hug on a chilly campsite morning. Whether you've pulled up to a wooded retreat or parked under the vast desert sky, having dependable hot water shouldn't be a gamble....

Ambrosia Biosciences Unveils Promising Nonclinical Metabolic Data

Ambrosia's Latest Nonclinical Revelations Ambrosia Biosciences has just thrown out some major bait at ObesityWeek® 2026. The highlight? New nonclinical data profiles for two of their understudy small molecule programs—AMB-895 and AMB-131. It may sound niche, but in this sector, promising data spins heads. Their GLP-1 receptor agonist, AMB-895, and GIP receptor...

YSTUDIO's Pens: A Nod to the Power of Writing

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

EZaccessMD Data Breach: Class Action Lawsuit Looms

Data breaches are the bogeyman no one wants lurking in the shadows, and when it’s your personal info at stake, folks rightfully squirm. This recent fiasco at EZaccessMD is one of those unsettling incidents. The word on the street isn't pretty: sensitive medical data has slipped through the cracks, leaving Edelson Lechtzin LLP, a heavyweight in class action maneuvers, to...

SmallRig Boosts Art-Driven Innovation in AI Era

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Webull Faces Class Action: Key Details for Investors

What's Really Going on With Webull? When you hear there's a class-action lawsuit brewing, you know something's gone real sideways. Webull Corporation (NASDAQ: BULL) finds itself neck-deep in a securities fraud class action alleging some dicey dealings with China. If you've got skin in the game—and if you bought Webull stock between April 26, 2025, and October 6,...

WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Lilly's Obesity Breakthroughs: A Step Beyond the Scale

Pushing the Boundaries of Obesity Treatment Alright, let's cut through the noise and get to what really matters here. Eli Lilly is taking on obesity treatment like it's Clash of the Titans at this year's ObesityWeek 2026 in Washington, D.C. Forget just dropping pounds—Lilly wants to reshape how we think about obesity entirely. They're not just leaning into the scale,...