Annual Communiqué – Announcement of 2019 annual results

Annual results 01/01/2019 – 31/12/2019

EPRA earnings of EUR 1.60 per share1, an increase of 9.6 % compared to 31 December 2018, despite 39% increase in the number of shares issued. 
 
Proposed dividend of EUR 1.30 per share, an increase of 4% compared to 2018, payout ratio decreases till 81.25%. 
 
EPRA earnings – group share – during 2019 of EUR 24 million - increase of 48% compared to 2018. 
 
Net rental result rises to EUR 44.9 million, i.e. an increase of 49% compared to EUR 30.1 million in 2018. 
 
EPRA NAV per share2 of EUR 35.96 compared to EUR 31.45 at 31 December 2018.
IFRS NAV per share3 of EUR 32.71 compared to EUR 29.78 at 31 December 2018. 
 
Debt ratio of 45.67% compared to 49.32% at 31 December 2018. Following the successful completion of the capital increase of EUR 206 million in October 2019, the debt ratio was brought down to about 40%. The debt ratio rose again by 31 December 2019 to 45.67% as a result of the execution of the acquisitions announced earlier in November and December 2019.

Stable occupancy rate of 98%. 
 
Property portfolio rises to EUR 1.19 billion, which is an increase of 46% compared to 31 December 2018, with 7,932 lettable student units. Once all the acquisitions and redevelopments in the committed pipeline are completed, the portfolio will rise to approx. EUR 1.5 billion, with over 12,000 rentable student units. After completion of the pipeline, the annualised rent will amount to EUR 88.75 million. 
 
Prospects for 2020: EPRA earnings of EUR 1.70 per share and dividend of EUR 1.36 per share. 
 
Xior expects a EPS growth of at least 6% per year upon execution of the committed pipeline. Xior can further expand its pure play portfolio till at least EUR 2 billion in the existing countries with the current team. 

__________________
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 shares issued. 
3 Based on the number of shares issued.

Find the full press release with the annual results 2019 in the PDF file added below

For more information, please contact:
Xior Student Housing NV
Mechelsesteenweg 34, box 108
2018 Antwerp
www.xior.be

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

Xior Investor Relations
Sandra Aznar
Head of Investor Relations
ir@xior.be
T +32 3 257 04 89

Xior - Annual Communiqué ENG.pdf

PDF 1.4 MB
Download

Christian Teunissen

CEO, Xior Student Housing NV

Frederik Snauwaert

CFO, Xior Student Housing NV

Sandra Aznar

Xior Investor Relations, Xior Student Housing NV

Share

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

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