Xior Student Housing : Update on student housing in Vaals

PRESS RELEASE

Antwerp, Belgium - 25 February 2022 - Embargo until 17h40

Update on student housing in Vaals

The municipality of Vaals wishes to realise more housing for students and young people. Together with Xior Student Housing, discussions are being held to give this a concrete form.

Xior Student Housing has been successfully operating the Katzensprung residence in Vaals for several years. Over 450 students live here, spread over two buildings. The students live in good harmony with the surroundings and are also visible in the local community. Partially based on these positive experiences, Xior started a second initiative for student housing in Vaals in 2020. Exploratory talks have been held with the neighbourhood, with the college of the Mayor and Aldermen of the municipality of Vaals, whereby the college already indicated in January of this year that it was critical of the desired development on the plot next to the karting track, partly on the basis of signals from the immediate surroundings.

In January, Xior and the college of Vaals concluded that a large number of student units at the intended location would be impossible to realise. In the coming months, the municipality and Xior will therefore investigate, partly based on indications received following the discussions with the local neighborhood and with the college, whether there are other possibilities for this desired development by Xior and the city council in Vaals. In addition, the possibility of creating a coherent set of (new) residential functions in the area will be examined.

For more information, please contact:
Xior Student Housing NV	Christian Teunissen, CEO	Xior Investor Relations
Mechelsesteenweg 34, box 108	Frederik Snauwaert, CFO	Sandra Aznar
2018 Antwerp, Belgium	[e-mail]	Head of Investor Relations
www.xior.be	T [phone]	[e-mail]
		T [phone]

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PRESS RELEASE

Antwerp, Belgium - 25 February 2022 - Embargo until 17h40

About Xior Student Housing

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 and Portugal. 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 2021, Xior Student Housing held a property portfolio worth approximately EUR 1.97 billion. More information is available at www.xior.be.

Xior Student Housing NV, a Public RREC under Belgian law (BE-REIT)

Mechelsesteenweg 34, box 108, 2018 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.

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