Interim announcement of the Board of Directors First quarter 2019 – Ending on 31 March 2019

Interim results for the period from 1 January 2019 until 31 March 2019

Xior confirms its objectives for 2019: confirmation of expected minimum EPRA earnings of EUR 1.60 per share, implying an increase of 9.6% compared to 2018, while the amount of outstanding shares increased by 69% in 2018.

EPRA earnings of EUR 0.32 per share1, i.e. an increase of 14% compared to Q1 2018 – EUR 0.41 per share after IFRIC 21 adjustment.

EPRA earnings of KEUR 4,459, i.e. an increase of 81% compared to Q1 2018 – KEUR 5,692 after IFRIC 21 adjustment.

Net rental result increased to KEUR 10,293, i.e. an increase of 62% compared to Q1 2018.

EPRA NAV per share2 of EUR 31.84 compared to EUR 31.45 as at 31 December 2018.
IFRS NAV per share3 of EUR 29.74 compared to EUR 29.78 as at 31 December 2018.

Debt ratio of 49.24% compared to 49.32% as at 31 December 2018.

Occupancy rate of 98.5% for Q1 2019 compared to 98.9% for the entire year 2018.

In the first quarter of 2019, Xior announced its entry into the Spanish and Portuguese markets. Xior realises an important step in the further rollout of its growth plan aiming to make Iberia its second home market in addition to the Benelux.
The property portfolio rose to MEUR 819 with 5,505 lettable student units. If all acquisitions and redevelopments in the committed pipeline are completed, the portfolio will increase to approximately EUR 1.1 billion in 2022 with more than 8,450 lettable student units.

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1 The figures per share are based on the weighted average number of shares (depending on the respective dividend entitlements), unless stated otherwise.
2 Based on the number of outstanding shares.
3 Based on the number of outstanding shares.

In the PDF file added below, you can find the full press release with the interim results of the first quarter 2019

For more information, please contact:
Xior Student Housing NV
Mechelsesteenweg 34, bus 108
2018 Antwerpen
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 - press release results Q1 2019

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Xior Student Housing NV

 

Christian Teunissen

CEO

Frederik Snauwaert

CFO

Sandra Aznar

Head of Investor Relations

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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