Brief: Xior Student Housing Q1 Net Rental Income Up At EUR 24.8 Mln

Xior Student Housing NV

26/04/2022 10:22

April 26 (Reuters) - XIOR STUDENT HOUSING  XIOR.BR :
    * 3M 2022: SUCCESSFUL ACQUISITION STRATEGY OF ABOUT EUROS 85
MLN,
SECURED NEW INVESTMENTS IN Q1 2022
    * CONTINUED INTERNATIONAL EXPANSION: ENTRY IN POLAND, FIRST
PROJECT IN WARSAW
    * 3M 2022: GROWING OPERATIONAL PORTFOLIO WITH 13,992
LETTABLE
UNITS, EUR 2.01 BILLION FAIR VALUE
    * EXPECTED RENT INCREASES ABOVE INFLATION (LIKE FOR LIKE
GROWTH),
UTILITY COSTS ALSO PROTECTED AGAINST INFLATION
    * Q1 NET RENTAL INCOME EUR 24,819 KEUR, +41% YOY
    * Q1 EPRA EARNINGS GROUP SHARE KEUR 10,171 VS KEUR 7,199
YEAR AGO
    * FURTHER INCREASE GREEN FINANCING & SUSTAINABLE BUILDINGS
IN
2022-2023
    * 2022 GUIDANCE ON TARGET: EPS 2022 € 2.00, DPS 2022 €
1.60,+11%
    * 2023 GUIDANCE ON TARGET: EPS 2023 € 2.20, DPS 2023 €
1.76,+10%
    * END-Q1 STABLE OCCUPANCY RATE OF 98,03%

    
    
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 Further company coverage:  XIOR.BR  

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