Xior Student Housing acquires building with 82 units in Leeuwarden

Acquisition value of EUR 10.8 million

Xior Student Housing NV, the Belgian real estate investment trust (BE-REIT) specialising in student housing in Belgium and the Netherlands, announces the acquisition of a reconverted building consisting of 82 self-contained units in Leeuwarden. The agreed value of the property is approximately EUR 10.8 million. This purchase was completed through the acquisition of 100% of the shares of the property company involved.

Acquisition of 82 self-contained units in Leeuwarden Xior announces the acquisition of 82 self-contained units located on Tesselschadestraat in Leeuwarden. This recently reconverted office building is known as "The Block" and is fully equipped with features including a digital key system, high-speed Internet connection and digital television signal, camera system,
etc. The students have access to a dedicated indoor storage space and shared facilities such as a bike shed and laundry room. The building also contains a commercial space on a long-term lease.

The complex is located close to the city centre, with good connections to main roads and public transport. The Central Station and the bustling centre of Leeuwarden – European Capital of Culture 2018 – are both within walking distance of The Block. Likewise, Leeuwarden's various educational institutions can also be reached quickly by bike. Leeuwarden has a range of colleges and universities offering dozens of degreelevel courses (campuses of the University of Twente, University of Groningen, Wageningen University & Research, and various universities of applied technology). With around 20,000 students – a large number of whom are living away from home – the city offers major potential in a region with high demand for student rooms. Xior can also combine its management of Leeuwarden with its management in Groningen,
resulting in additional economies of scale.

This property was acquired through the purchase of 100% of the shares in the real estate company involved. The price of the shares in the property company is based on an agreed value for the property of approximately EUR 10.8 million euro, and the expected initial yield for the transaction is approx. 6.3%. The transferor has provided a rental guarantee until the end of 2018.
_{__________________}

_{For more information about this transaction}_{please contact:}
_{Xior Student Housing

Mechelsesteenweg 34, box 108

2018 Antwerp

www.xior.be

Christian Teunissen, CEO

Frederik Snauwaert, CFO

Arne Hermans, CIO

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}

_{For more information on the rental of student rooms, please contact:}
^{Xior Student Housing – Leeuwarden

E leeuwarden@xior.nl

T +31 88 6000 186}

Xior Student Housing NV

Christian Teunissen

CEO

Frederik Snauwaert

CFO

Arne Hermans

CIO

Sandra Aznar

Head of Investor Relations

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 31 December 2024, Xior Student Housing held a property portfolio worth approximately EUR 3.3 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

This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior 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.