Brief: Xior Student Housing Q1 Net Result Turns To Loss Of 0.5 Million Euros

Xior Student Housing NV

29/04/2019 17:16

April 29 (Reuters) - XIOR STUDENT HOUSING NV  XIOR.BR :
    * XIOR CONFIRMS ITS OBJECTIVES FOR 2019
    * Q1 EPRA EARNINGS OF EUR 0.32 PER SHARE , I.E. AN INCREASE
OF 14%
COMPARED TO Q1 2018
    * Q1 NET RENTAL RESULT INCREASED TO KEUR 10,293, I.E. AN
INCREASE
OF 62% COMPARED TO Q1 2018
    * Q1 EPRA NAV PER SHARE OF EUR 31.84 COMPARED TO EUR 31.45
AS AT
31 DECEMBER 2018
    * OCCUPANCY RATE OF 98.5% FOR Q1 2019 COMPARED TO 98.9% FOR
THE
ENTIRE YEAR 2018
    * AS AT 31 MARCH 2019, THE PORTFOLIO CONSISTS OF 5,505
LETTABLE
STUDENT UNITS
    * E TOTAL PROPERTY PORTFOLIO IS VALUED AT KEUR 819,238 AS AT
31
MARCH 2019.
    * IN 2019, XIOR IS EXPECTING AN OCCUPANCY RATE THAT IS
SIMILAR TO
THE CURRENT RATE.
    * Q1 NET LOSS EUR 0.5 MILLION VERSUS PROFIT EUR 2.0 MILLION
YEAR
AGO

Source text for Eikon:  ID:nNDL6fbdgK 
Further company coverage:  XIOR.BR 

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