Market Closed -
Euronext Bruxelles
11:35:22 2024-04-26 am EDT
5-day change
1st Jan Change
26.7
EUR
+6.16%
+7.88%
-10.10%
Xior Student Housing : Jaarresultaten 2021 (EN)
February 16, 2022 at 01:04 am EST
Table of contents
1. #throwback 2021
• Key highlights 2021
• Acquisitions 2021
2. Operational update
• Rental market update
• ESG acceleration 2022-2023
Portfolio & Pipeline
Full year 2021 Results
Q&A
Appendix Financials
Appendix Organisation
Key Highlights 2021: mission accomplished
Successful acquisition strategy
~€ 500m
secured new investments
Growing operational portfolio
13.755 lettable units € 1.97 billion
Development Pipeline
6.000 units
Portfolio grows to approx. € 2.6 billion
Diversified portfolio1
29% Belgium
52% the Netherlands
14% Spain
6% Portugal
Succesful € 295m capital raise
47.58% debt ratio
2021
New growth plan 2022-2023:
EPRA EPS
Double digit EPS growth
€ 1.80
EPS 2022: € 2.00 (+11%)
+6%
EPS 2023: € 2.20 (+10%)
Crisis & inflation proof:
Occupancy rate 98%
Rents & utility costs inflation protected
2022-2023: ESG Acceleration
North Star project:
People, Planet, Process
1. As per 31.12.2021 including pipeline
4
Approx. 500 MEUR secured investments in 2021
Leeuwarden
Breda
Vaals
Amsterdam
Project City Lofts - Leeuwarden
Study Studio Park - Breda
Acquisition building plot in Vaals
Project Karspeldreef Tower - Amsterdam
#units
183 units
#units
224 units
#units
approx. 400 units
#units
Approx. 350
Investment
(students & young
Investment
Approx. 55 MEUR
approx. 18.5 MEUR
Investment
professionals)
approx. 24 MEUR
value
value
value
Investment
approx. 35 MEUR
Gross Yield
In line with market yields
value
Gross Yield
approx. 6.2%
Gross Yield
approx. 6.0%
Gross Yield
approx. 7%
Letter of intent signed with
Status
local government
In-house development
Status
Exp. delivery 2025-2026
Fully operational
Exp. delivery Q4 2024
Status
Exp. Delivery 2023
Status
(opened in 2017)
Existing long lease right to
Structure
change of use &
be revised and extended
Permit
environmental permit
with a new 50 year period
Permit
In place
Permit
In place
exp. Q4 2022
Permit
Exp. 2023
5
This is an excerpt of the original content. To continue reading it, access the original document here .
Attachments
Original Link
Original Document
Permalink
Disclaimer
Xior Student Housing NV published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 16 February 2022 06:03:01 UTC .
Xior Student Housing NV Reports Earnings Results for the First Quarter Ended March 31, 2024
Apr. 26
CI
Xior Student Housing NV Reports Earnings Results for the Full Year Ended December 31, 2023
Feb. 09
CI
Xior Student Housing NV Reports Earnings Results for the Nine Months Ended September 30, 2023
23-10-26
CI
Xior Student Housing NV Reports Earnings Results for the Half Year Ended June 30, 2023
23-08-04
CI
Certain Ordinary Shares of Xior Student Housing NV are subject to a Lock-Up Agreement Ending on 3-JUN-2023.
23-06-02
CI
Xior Student Housing NV Reports Earnings Results for the First Quarter Ended March 31, 2023
23-04-30
CI
Xior Student Housing NV Reports Earnings Results for the First Quarter Ended March 31, 2023
23-04-25
CI
Xior Student Housing NV Reports Earnings Results for the Full Year Ended December 31, 2022
23-02-14
CI
Certain Shares of Xior Student Housing NV are subject to a Lock-Up Agreement Ending on 4-DEC-2022.
22-12-03
CI
Xior Student Housing NV Reports Earnings Results for the Nine Months Ended September 30, 2022
22-11-24
CI
Global markets live: Shell, Mazda, Dell, Zoom, VMWare...
22-11-22
Xior Student Housing NV acquired 11 Prime Purpose Built Student Accommodation of Basecamp.
22-09-14
CI
Xior Student Housing NV Reports Earnings Results for the Half Year Ended June 30, 2022
22-08-16
CI
Xior Student Housing NV signed an agreement to acquire 11 Prime Purpose Built Student Accommodation of Basecamp for 939 million.
22-05-29
CI
Xior Student Housing NV acquired Collblanc Student Housing SL.
22-04-27
CI
Xior Student Housing NV Reports Earnings Results for the Full Year Ended December 31, 2021
22-01-14
CI
Xior Student Housing NV completed the acquisition of 32.36% stake in Quares Student Housing NV from KBC Asset Management NV, Argenta Insurance, Costermans family and Essers family.
21-12-27
CI
Xior Student Housing NV Reports Earnings Results for the Nine Months Ended September 30, 2021
21-10-26
CI
Xior Student Housing NV entered into an agreement to acquire a 32.36% stake in Quares Student Housing NV from KBC Asset Management NV, Argenta Insurance, Costermans family and Essers family.
21-10-10
CI
Xior Student Housing NV completed the acquisition of Student Properties Spain SOCIMI, S.A. from Pigasol SL, Euro Scanning, S.L. and others.
21-08-11
CI
Xior Student Housing NV entered into a voluntary takeover offer to acquire Student Properties Spain SOCIMI, S.A. from Pigasol SL, Euro Scanning, S.L. and others for 58.4 million.
21-07-11
CI
Xior Student Housing in Negotiations Regarding Potential Acquisition in Spain
21-07-05
CI
Xior Student Housing Nv Reports Earnings Results for the First Quarter Ended March 31, 2021
21-04-26
CI
Xior Student Housing NV agreed to acquire 231-Bed Student residence in Malaga from Amro Real Estate Partners Ltd. for €23.2 million.
21-02-23
CI
Xior Student Housing NV acquired Zernike Tower in Groningen from KKR & Co. Inc. for approximately 91.5 million.
20-12-15
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
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.
More about the company
Last Close Price
26.7
EUR
Average target price
33.69
EUR
Spread / Average Target
+26.17%
Consensus
1st Jan change
Capi.
-10.10% 1.03B +6.51% 24.59B +1.79% 21.12B -0.41% 15.87B -3.89% 14.85B -10.90% 14.82B +1.25% 13.1B -0.99% 12.5B -14.19% 11.33B +0.33% 10.69B
Residential REITs
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1