9M 2026: strong operational performance

High and stable occupancy rate of 98.5% - Continued strong LfL rental growth of 4.62% - EPRA earnings rise by 6% - 2026 guidance confirmed: EPRA EPS of 2.30 EUR | DPS of 1.84 EUR

9M 2026 results fully in line1 – sustained rental growth with maximum occupancy

  • EPRA earnings rise by 6% YoY to 74,021 KEUR
  • EPRA earnings per share rise to 1.59 EUR
  • Continued strong letting performance: 98.5% occupancy rate and 4.62% LfL rental growth (YoY)
  • Portfolio valuation rises by 0.95% YtD (+33.8 MEUR), driven by rental growth
  • EPRA NTA per share at 38.69 EUR vs. 38.67 EUR per 31 December 2025
  • Active pipeline of 171 MEUR: +9.8 MEUR in annual rental income, with only 5 MEUR of capex remaining
  • LTV and debt ratio at 51.31% and 51.42% respectively
  • Liquidity position strengthened: available credit lines rise to 137 MEUR, partly thanks to the new USPP for 100 MEUR
  • 2026 guidance reaffirmed: EPRA EPS 2.30 EUR and DPS 1.84 EUR with an expected LTV of <50%

Strong rental season confirms structural demand and pricing power

  • Strongest rental season in Xior’s history, with an exceptionally high occupancy rate of 98.5% at the start of the 2026-2027 academic year
  • Excellent letting performance across all markets, both in the existing portfolio and in new residences, which are becoming fully let significantly faster than expected
  • Continued strong pricing power, with expected LfL rental growth of min. 4.4% for FY 2026
  • Structurally favourable market fundamentals: affordable higher education, persistent shortages and high retention rates will also support structurally high occupancy and further rental growth in the longer term

 

Christian Teunissen, CEO: “With the strongest rental season in our history, an occupancy rate of 98.5% and continued strong rental growth, we once again demonstrate the strength of our European student housing platform. These results reflect the structural demand for high-quality student accommodation and the attractiveness of our offering. At the same time, we remain focused on operational efficiency, deleveraging and further strengthening our financial position. In a changing interest rate environment, this financial discipline is more important than ever. We continue to strengthen our foundation for sustainable growth and long-term shareholder value creation, supported by operational excellence and a strong focus on delivering a high-quality student experience.”

 

1The EPRA earnings figures reported relate to the EPRA earnings (group share), after application of the IFRIC 21 adjustment (see notes in section 5.2).

 

In the PDF file below, you will find the full press release.

___________________

For more information, please contact: 

Xior Student Housing NV

Frankrijklei 64-68
2000 Antwerp, Belgium
www.xiorstudenthousing.eu

Christian Teunissen, CEO
Frederik Snauwaert, CFO
info@xior.be
T +32 3 257 04 89

Xior Investor Relations
Sandra Aznar
IR, Comm & Business Strategy Director
ir@xior.be
T +32 3 257 04 89

 

Xior - Press release - 9M 2026 - EN - 23.10.2026.pdf

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Sandra Aznar

IR, Comm & Business Strategy Director

Christian Teunissen

CEO

Frederik Snauwaert

CFO

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About Xior Student Housing NV

About Xior Student Housing

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 September 2026, Xior Student Housing held a property portfolio worth approximately 3.7 billion EUR. More information is available at www.xiorstudenthousing.eu. 

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
This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior 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.xiorstudenthousing.eu