Xior and the city of Seraing present a new rehabilitation project on a former Cockerill site:

Approx. 300 sustainable units for students and young professionals

The Master plan of the city of Seraing

En route to a new economic and social dynamic, the city of Seraing has been working on its post-industrial reconversion for several years. This work is bearing fruit and is mobilising teams of professionals determined to meet the challenges of a city in the midst of reconversion.

The renovation of the city centre will soon be completed thanks to the realisation of one of the flagship projects of the Master Plan: Gastronomia. The rehabilitation of the oldest site (1817) of the Cockerill factories will start in May 2022 under the leadership of the "Gastronomia Vision" consortium, bringing together 5 project developers / property developers.

In the heart of Ougrée-Meuse, the renovation of a 4-hectare former industrial site started in February 2022 and will contribute to a complete transformation of the station area within two years.

In the heart of a magnificent public park, this same district will host a group of units for students and young professionals, a stone's throw from the University of Liège and numerous other universities and colleges. This project will be carried out by the Xior Student Housing-Cordeel consortium.

As for the concert hall, the OM, an emblematic building in Seraing, located on the edge of the park, the concession was awarded to the consortium Festiv@Liège ASBL (Ardentes) & Hors Kadre SCRL. The final works will be completed by the end of 2022, and the concert halls are scheduled to open in February 2023.

Approx. 300 units for students and young professionals

The city of Seraing is the owner of a magnificent 4-hectare park, planted with remarkable trees and including a to be renovated patrimony. In order to plan its redevelopment, a multidisciplinary team was appointed at the beginning of March 2022, with the task of designing, building, financing and operating an accommodation complex with services for students and young professionals.

The Trasenster Castle, built in the heart of the park, will also be restored and transformed in order to develop a service function, integrated into the project.

This development is part of the reconversion of the entire district, which by the end of 2023 will be home to new urban economic and cultural functions (concert halls, recording studio, music academy, dance school, ...) which will be developed around a real mobility hub (shared parking, train, bus and tram on the left bank).

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 - Press Release - Seraing - ENG - 17.03.2022.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