Interim announcement by the Board of Directors. Third quarter 2021 – ending 30 September 2021

Confirmation of expected earnings and dividend for 2021. Return of campus life: unseen rush for student rooms in all countries.

Key figures for Q3 2021

  • Q3 2021 results in line with expectations
  • Confirmation of EPRA earnings forecast of EUR 1.80 per share for 2021, (an increase of 6%
  •  EPRA earnings1 – group share of EUR 1.19 per share – (EUR 1.22 after IFRIC 21 adjustment)
  • EPRA earnings – group share of KEUR 28,770, which is an increase of 35% compared to Q3 2020 – (KEUR 29,537 after IFRIC 21 adjustment)
  • Net rental result increases to KEUR 53,998, a 32% increase compared to Q3 2020
  • EPRA NAV/share of EUR 35.83 compared to EUR 34.87 as at 31 December 2020
  • EPRA NTA/share of EUR 35.09 compared to EUR 33.99 as at 31 December 2020
  • Debt ratio of 50.71% compared to 54.18% as at 31 December 2020
  • Occupancy rate of 97.8% for the first 9 months of 2021 compared to 97.7% for 2020 full year
  • The property portfolio rises to MEUR 1,741 with 12,595 lettable units. If the entire committed pipeline is completed, the portfolio will rise to approx. MEUR 2,200, with over 18,000 lettable student units

Return of campus life: unseen rush for student rooms in all countries

  • Rental season started significantly earlier
  • Increased retention: longer studies & making up for a lost year
  • Increased demand: growing student population, Brexit, return of international mobility
  • Unseen rush due to extra covid effect
  • Much earlier full occupancy of the Xior portfolio

1 Xior Student Housing NV uses alternative performance measures (APMs) to measure and monitor its operational performance. The European Securities and Markets Authority (ESMA) has issued guidelines applying as from 3 July 2016 for the use and explanation of alternative performance measures. Chapter 10.8 of the Annual Financial Report 2020 includes the concepts Xior considers as APMs. The APMs are marked with a graduation cap and are accompanied by a definition, an objective and a reconciliation (see X and XI of this Press Release), as required by the ESMA guideline.

Find the full press release in the PDF file added below.
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For more information, please contact:

Xior Student Housing NV
Mechelsesteenweg 34, box 108
2018 Antwerp
www.xior.be

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

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

Xior - PB Q3 2021 results - EN - 26.10.2021.pdf

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Sandra Aznar

Head of Investor Relations

Christian Teunissen

CEO

Frederik Snauwaert

CFO

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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