July 1 (Reuters) - Xior Student Housing NV XIOR.BR :
* BUYS OPERATING RESIDENCE IN BREDA
* BREDA: TOTAL INVESTMENT VALUE OF ABOUT EUR 24 MILLION
* BREDA: INITIAL GROSS YIELD OF ABOUT 6%
* PROJECT TO REDEVELOP THE EXISTING "ANTWERP INN" HOTEL AND
ADJOINING PROPERTY INTO A NEW "ROOSEVELT" STUDENT COMPLEX
* NEW "ROOSEVELT" STUDENT COMPLEX: INVESTMENT VALUE OF ABOUT
EUR
18 MILLION WITH INITIAL GROSS YIELD EXPECTED AT ABOUT 5.75%
Source text for Eikon: ID:nNDLbPR6Ld
Further company coverage: XIOR.BR
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