Brief: Xior Student Housing End-Sept EPRA NAV Per Share Up At EUR 32.72

Xior Student Housing NV

16/10/2019 07:08

Oct 16 (Reuters) - XIOR STUDENT HOUSING NV  XIOR.BR :
    * XIOR EXPANDS ITS PORTFOLIO IN SPAIN AND PORTUGAL BY
APPROX. EUR
171.0 MILLION
    * XIOR CONFIRMS ITS GUIDANCE FOR 2019: EXPECTED MINIMUM EPRA
EARNINGS OF EUR 1.60 PER SHARE, WHICH REPRESENTS AN INCREASE OF
9.6% COMPARED TO 2018
    * BASTIAAN GRIJPINK NOMINATED AS CIO AND COUNTRY MANAGER FOR
IBERIA
    * NET RENTAL INCOME AT THE END OF Q3 2019 ROSE TO EUR 31.8
MILLION, AN INCREASE OF 52.6 % COMPARED TO Q3 2018
    * DEBT RATIO OF 55.29% ON 30 SEPTEMBER 2019 COMPARED TO
49.32% ON
31 DECEMBER 2018
    * EPRA EARNINGS AT END OF Q3 2019 AMOUNT TO EUR 17.5
MILLION, AN
INCREASE OF 60.6% COMPARED TO Q3 2018 (EUR 10.9 MILLION AFTER
IFRIC 21 ADJUSTMENT)
    * EPRA NAV PER SHARE OF EUR 32.72 ON 30 SEPTEMBER 2019
    * OCCUPANCY RATE OF 98.32% ON 30 SEPTEMBER 2019 COMPARED TO
98.65%
ON 30 SEPTEMBER 2018
    * FAIR VALUE OF THE PROPERTY PORTFOLIO ON 30 SEPTEMBER 2019
HAS
INCREASED TO APPROX. EUR 1.0 BILLION

Source text for Eikon:  ID:nNDL334Tlc 
Further company coverage:  XIOR.BR 

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