Brief: Xior Exercises Purchase Option To Acquire 526 Self-Contained Student Rooms In Amsterdam And Utrecht

Xior Student Housing NV

12/07/2018 16:52

July 12 (Reuters) - XIOR STUDENT HOUSING NV  XIOR.BR :
    * XIOR EXERCISES PURCHASE OPTION TO ACQUIRE 526
SELF-CONTAINED
STUDENT ROOMS IN AMSTERDAM AND UTRECHT
    * TOTAL INVESTMENT VALUE OF APPROXIMATELY EUR 95 MILLION
    * SAYS XIOR WILL ACQUIRE PROPERTIES BY BUYING 100% OF SHARES
IN
RELEVANT REAL ESTATE COMPANIES
    * XIOR EXPECTS BOTH PROJECTS TO GENERATE REVENUE AS FROM
SEPTEMBER
2018
    * EXPECTED TOTAL INVESTMENT VALUE WILL BE APPROXIMATELY EUR
95
MILLION, WHILE EXPECTED INITIAL RETURN WILL BE APPROXIMATELY 5,8
%

Source text for Eikon:  ID:nNDL7KVcrD 
Further company coverage:  XIOR.BR 

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