Xior enters Zaragoza by winning public tender for the development of a new flagship student residence

Xior wins Zaragoza tender adding 6th city to Spanish portfolio

Xior Student Housing N.V. (“Xior”), a Belgian real estate investment trust (BE-REIT) specialized in student housing in Belgium, the Netherlands, Spain and Portugal, is proud to announce it has won a tender process launched by Zaragoza Vivienda (fully controlled by Zaragoza Municipality), to develop and operate a flagship student residence in Zaragoza city centre. This is a follow-up on the earlier press release regarding this tender. With this acquisition, Xior adds a 6th city to the portfolio, continuing its expansion strategy in Spain.


Key details of the project:

  • New development project with approx. 388 units & various communal facilities
  • Mix of rooms for students, professors, and young professionals
  • Expected delivery ahead of 2023/24 academic year
  • A surface rights concession, for a 75-year period
  • Total investment value of approx. 26 MEUR
  • Expected stabilised gross yield of approx. 8%

Bastiaan Grijpink, Country Manager Iberia: “We are extremely proud to have been granted the opportunity to develop a flagship student residence in Zaragoza, more so in such an iconic location. It is testimony of the strength of the Xior platform that we have developed in Spain since we started operations in 2019. We look forward to working hand in hand with the leadership of Zaragoza Municipality to make this project a huge success. This project will have a significant contribution to the regeneration of Zaragoza Pignatelli and we are confident that it will become an essential part of what Zaragoza has to offer to the national and international student community”.

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 - Zaragoza - EN - 20.09.2021.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