Strong Q1 2023 results with increased LfL rental growth
Increased LfL rental growth and stable valuations
Epra earnings (group share) increase by 13% to €0.53/share (after IFRIC adj.)
Consistent high occupancy (97.8%)
Strong start of rental season for the upcoming academic year
Again a huge demand for student rooms
Rental season running at full speed
High retention rates (up to 70%)
High demand allows Xior to pass on inflation without having an effect on demand
2023: Strengthening the essentials
Main focus to bring LTV down while safeguarding shareholder value
Acceleration of divestment programme
Internal value creation through integration and digital transformation
Stepping up ESG efforts: Co2 targets and new Sustainable Finance Framework
EPS and DPS guidance confirmed for 2023 to min. 2.20 EUR & 1.76 EUR
+5.6%
YoY LfL
3
4
2007
Founders enter the (BE) student housing scene with first asset
December '15€87.8m IPO €200m portfolio 48 assets 2,035 units 8 cities 2 countries
2015
2019
March 2019
Entry into
Spain and Portugal
Main acquisitions 2021:
SPS Socimi Spain (ES)
Quares Student Housing (BE)
Zaragoza (ES)
Total investments c. 500 MEUR
2021
2022
Q1 2023
2022 c. 1bn EUR investments
Update
Basecamp acquisition
divestmentprogramme
Entry into GE, PL, DK, SE
First phase of c. 60 MEUR
Other acquisitions: Liège,
realised
Second phase of c. 170
Seraing, Granada, Warsaw
MEUR announced
Heading to c. € 3.6 bn portfolio
>26,000 units
42 cities in 8 countries
March 2023 - …
30 JUN 2022 (FV: €2.2 BN)
The Netherlands 54%
Belgium28%
Spain15%
Portugal3%
1. As per 31 March 2023 including pipeline.
31 MAR 2023 (FV: c. €3.06 BN)
31 MAR 2023 (FV: c. €3.6 BN)1
The Netherlands
42%
The Netherlands
41%
Belgium
22%
Belgium
22%
Denmark
13%
Denmark
12%
Spain
11%
Spain
11%
Poland
3%
Portugal
5%
Portugal
3%
Poland
4%
Sweden
3%
Germany
2%
5
Germany
2%
Sweden
3%
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Disclaimer
Xior Student Housing NV published this content on 02 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2023 07:55:08 UTC.
Xior Student Housing is a Regulated Real Estate Company (Belgian REIT) that specializes in owning and managing student housing in Belgium, the Netherlands, Spain, Portugal and Poland.
At the end of 2022, the real estate portfolio, consisting of 160 properties (of which 80 in Belgium, 51 in the Netherlands, 11 in Spain, 7 in Portugal, 4 in Poland, 4 in Denmark, 2 in Germany and 1 in Sweden), amounted, in book value, to EUR 3,221.5 million.
XIOR STUDENT HOUSING NV 
