Q1 2025 results fully in line with expectations - Debt ratio and LTV below 50%
Promising start rental season - Focus on internal growth and value creation - Guidance EPS and DPS confirmed at 2.21 EUR and 1.768 EUR
Q1 2025 results in line with expectations and positive outlook confirmed
- Q1 2025 EPRA earnings per share 0.56 EUR
- LfL rental growth of +5.50% (Q1 '25 YoY) and 98% occupancy rate drive income
- Portfolio valuation up by 30 MEUR (+0.9% vs Q4'24) due to positive effect of rental growth
- Debt ratio and LTV decreased to 48.01% and 48.80% respectively
- On course to full occupancy and rental growth thanks to promising start of rental season
- Confirmation earnings guidance for 2025: EPS of 2.21 EUR & DPS of 1.768 EUR Maintain debt ratio and LTV below 50%
Operational update: Xior sets the standard for student real estate in Europe
- Rising demand and persistent shortages drive demand for Xior's qualitative pan-European offering
- Unique scalable platform thanks to implementation new digital IT system with full integration between employees and students
- Successful roll-out of Baselife & Basebuddy programme results in substantial improvement in student satisfaction (c. +10%)
- Scaling up and increased focus on service and quality drive operational margin > 85%
- CO2 intensity (kgCO2/m²) of Xior's student residences reduced by more than 65% between 2020 and 2024
Strategic focus on internal growth and value creation
- LfL rental growth forecast for 2025 confirmed at a minimum of 5%
- Value creation through execution of active pipeline: rentabilisation of 214 MEUR assets with limited cost to come (46 MEUR)
- Opportunistic asset rotation towards more profitable investments to improve operational margin
Find the full press release in the PDF file added below
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For more information, please contact:
Xior Student Housing NV
Frankrijklei 64-68
2000 Antwerp, Belgium
www.xior.be
Christian Teunissen, CEO
Frederik Snauwaert, CFO
info@xior.be
T +32 3 257 04 89
Xior Investor Relations
Sandra Aznar
IR & ESG director
ir@xior.be
T +32 3 257 04 89