Annual Communiqué - Announcement of 2018 annual results

Annual results 01/01/2018 – 31/12/2018


EPRA earnings of EUR 1.46 per share1, 2% increase since 31 December 2017 notwithstanding 69% increase of number of shares outstanding

Proposed dividend of EUR 1.25 per share, which represents a 4.17% increase with an 85.6% payout ratio

EPRA earnings of KEUR 16,179 in 2018 – a 66% increase compared with 2017

Net rental result grows to KEUR 30,081, which represents a 65% increase compared with KEUR 18,194 in 2017

Net result (IFRS) of KEUR 16,105 or EUR 1.45 per share in 2018, which represents a 32% increase compared with KEUR 10,954 in 2017

EPRA NAV per share2 of EUR 31.45 compared with EUR 28.44 on 31 December 2017
IFRS NAV per share3 (IFRS) of EUR 29.78 compared with EUR 27.47 on 31 December 2017

Debt ratio of 49.32% compared with 53.62% as at 31 December 2017. After successful completion of the EUR 134 million capital increase in June 2018, the debt ratio fell to 39.26% as at 30 June 2018. The debt ratio rose again to 49.32% as at 31 December 2018 as a result of acquisitions in the third and fourth quarter.

Occupancy rate rises to 98.9% compared with 97.9% in 2017

The property portfolio rose to EUR 815 million with 5,505 lettable student units, which is a 67% increase compared with 31 December 2017. If all acquisitions and redevelopments in the committed pipeline are completed, the portfolio will increase to approximately EUR 950 million with more than 7,700 lettable student units

Projections for 2019: EPRA earnings of EUR 1.60 per share and dividend of EUR 1.30 per share

1 Figures per share are calculated on the basis of the weighted average number of shares, unless stated otherwise.
2 Based on the number of outstanding shares.
3 Based on the number of outstanding shares.

 

Find the full press release with the annual results 2018 in the PDF file added below

Xior annual announcements 2018 ENG

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Christian Teunissen

CEO, Xior Student Housing NV

Frederik Snauwaert

CFO, Xior Student Housing NV

Sandra Aznar

Xior Investor Relations, Xior Student Housing NV

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About Xior Student Housing NV

Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain, Portugal, Germany, Poland, Denmark and Sweden. Within this property segment, Xior Student Housing offers a variety of accommodation, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. Since 2007, as owner-operator, Xior Student Housing has built high-quality, reliable student accommodation for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student immediately feels at home.

Xior Student Housing has been accredited as a public RREC under Belgian law since 24 November 2015. Xior Student Housing's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 June 2025, Xior Student Housing held a property portfolio worth approximately EUR 3.5 billion. More information is available at www.xior.be.

Xior Student Housing NV, a Public RREC under Belgian law (BE-REIT)
Frankrijklei 64-68, 2000 Antwerp, Belgium
BE 0547.972.794 (Antwerp Register of Legal Entities, Antwerp Division)

Disclaimer
in relation to the expected future performance of Xior and of the market in which it operates ('forward-looking statements'). By nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, that appear justified at the time at which they are made but which may or may not turn out to be accurate, and there is a risk that the forward-looking statements will not be realised. Some events are difficult to predict and may depend on factors outside of Xior's control. In addition, the forward-looking statements are only valid on the date of this press release. Statements in this press release relating to past trends or activities may not be interpreted as an indication that such trends or activities will persist in future. Neither Xior nor its representatives, officers or advisers can guarantee that the parameters upon which the forward-looking statements are based are free of errors, nor can they indicate, guarantee or predict whether the expected results set out in such a forward-looking statement will ultimately be achieved. Actual profits, the financial situation and Xior's performance or results may therefore differ substantially from the information projected or implied in forward-looking statements. Xior expressly does not accept any obligations or guarantees as to public updates or reviews of forward-looking statements unless required to do so by law. This press release has been prepared in Dutch and has been translated into English and French. In case of discrepancies between the different versions of this press release, the Dutch version will prevail.

Contact

Frankrijklei 64-68 2000 Antwerp, Belgium Belgium

+32 3 257 04 89

info@xior.be

www.xior.be