Publication of Half-Yearly Financial Report – period from 1 January 2019 to 30 June 2019

Xior Student Housing NV, the Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain and Portugal, announces the publication of its 2019 Half-Yearly Financial Report.

Xior is continuing its growth trajectory and confirms its objectives for 2019: confirmation of expected minimum EPRA earnings of EUR 1.60 per share, which represents an increase of 9.6% compared to 2018, while the number of outstanding shares increased by 76.5% in the course of 2018 and 2019.

EPRA earnings for the first half of the year amount to EUR 0.75 per share1, which is a 17% increase compared to H1 2018 (EUR 0.82 per share after IFRIC 21 adjustment).

EPRA earnings for H1 2019 amount to EUR 10.5 million, an increase of 80% compared to H1 2018 (EUR 11.3 million per share after IFRIC 21 adjustment).

The net rental result has risen to EUR 20.9 million, an increase of 61% compared to H1 2018.

EPRA NAV per share2 of EUR 32.15 compared to EUR 31.45 as at 31 December 2018.

IFRS NAV per share3 of EUR 29.44 compared to EUR 29.78 as at 31 December 2018.

Debt ratio of 54.42% compared to 49.32% as at 31 December 2018.

Occupancy rate of 98.08% for H1 2019 compared to 98.45% for H1 2018.

Xior announced its entry into the Spanish and Portuguese markets in the first quarter of 2019. This is an important step for Xior to further implement its growth plan aimed at creating a second home market alongside the Benelux in the Iberian Peninsula.

The property portfolio has risen to EUR 982 million, which is equivalent to an increase of 20.5% compared to 31 December 2018. If all acquisitions and redevelopments in the committed pipeline are completed, the portfolio will increase to approximately EUR 1,100 million with more than 9,000 lettable student units.

For more information, please refer to the Half-Yearly Financial Report for H1 2019, which is now published and available on Xior's website (Dutch and English).

 You will find the full press release attached below. 

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

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For more information about this transaction 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 - press release EN

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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