Update on student housing in Vaals
The municipality of Vaals wishes to realise more housing for students and young people. Together with Xior Student Housing, discussions are being held to give this a concrete form.
Xior Student Housing has been successfully operating the Katzensprung residence in Vaals for several years. Over 450 students live here, spread over two buildings. The students live in good harmony with the surroundings and are also visible in the local community. Partially based on these positive experiences, Xior started a second initiative for student housing in Vaals in 2020. Exploratory talks have been held with the neighbourhood, with the college of the Mayor and Aldermen of the municipality of Vaals, whereby the college already indicated in January of this year that it was critical of the desired development on the plot next to the karting track, partly on the basis of signals from the immediate surroundings.
In January, Xior and the college of Vaals concluded that a large number of student units at the intended location would be impossible to realise. In the coming months, the municipality and Xior will therefore investigate, partly based on indications received following the discussions with the local neighborhood and with the college, whether there are other possibilities for this desired development by Xior and the city council in Vaals. In addition, the possibility of creating a coherent set of (new) residential functions in the area will be examined.
Find the 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