Xior Student Housing : Company presentation - Update 21 February 2022
February 22, 2022 at 04:31 am EST
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Xior Student Housing
Annual Results 2021
Kickstart 2022 - entry Poland
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Market status
Overview
Developing market: can be compared to Western European market in 2013-2014
Structural undersupply for student housing
Mostly in public hands (approx. 90%)
Only 1/10 students have access to a student room
Strong growth potential
Higher investment yields
Total student population of 1.2 million of which 7% international
• International students expected to grow by 39% by 2030
349 higher education institutions
Increasing interest from investors thanks to European impulse
Poznan
107,000 students
Wroclaw
111,000 students
Katowice
51,000 students
Krakow
133,000 students
Gdansk
65,000 students
Warsaw
225,000 students
Lodz
69,000 students
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Entry Poland: Project Warsaw
Project Warsaw
Warsaw as a student city:
• #1 student city in Poland
• Approx. 225,000 students of which 23,000 (10%) international, which is expected to continue to grow over 31,000 students
• Only one other comparable residence in Warsaw (488 units)
Project Warsaw:
• Prime location close to public transport and educational facilities
• JV structure with Solida (25%, 75% after completion)
• Turn-key development - development risk remains with the seller
• Cooperation agreement with developer for further projects
Project Warsaw
#units
approx. 521 units
Investment value
approx. 32 MEUR
Gross Yield
approx. 9%
Further ambitions:
Rik Vandenberghe will be driving force for Xior's
international expansion plans
First priority: futher expansion in Poland
Target = 2,500 units & max. 10% of total fair value
Status
Exp. delivery August 2024
Permit
In place
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Acquisition Granada
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Disclaimer
Xior Student Housing NV published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 09:30:01 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 
