Brief: Xior Student Housing Q1 EPRA Earnings Group Share Up At EUR 24.5 Mln

Xior Student Housing NV

26/04/2024 06:32

April 26 (Reuters) - Xior Student Housing NV  XIOR.BR :
    * ANNOUNCED ON FRIDAY Q1 EPRA EARNINGS GROUP SHARE EUR 24.5
MLN
AFTER CORRECTION IFRIC 21 (+33% YoY)
    * Q1 LTV STABLE AT 52.43%
    * Q1 OCCUPANCY RATE OF 98%
    * AVERAGE COST OF DEBT (3.18%) AT A SHORT-TERM PEAK, WILL
FALL
BACK AS FROM Q3 2024 AFTER REPAYMENT OF THE BRIDGE
    * IN Q1 2024, IT ACCELERATED DIVESTMENT PROGRAMME BY
DOUBLING
TOTAL AMOUNT OF COMMITTED DIVESTMENTS FROM EUR 110 MLN TO EUR
220 MLN
    * CONFIRMS EARNINGS FORECAST FOR 2024
    * INCREASE GUIDANCE LFL RENTAL GROWTH TO MIN. 5.5% (VS 5%)
FOR
2024
    * LOANS WITH MATURITY UNTIL Q2 2025 ALL EXTENDED OR REPAID

        
 Further company coverage:  XIOR.BR  

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