Brief: Xior Student Housing Q3 Net Rental Income Up At 21 Million Euros

Xior Student Housing NV

26/10/2018 06:22

Oct 26 (Reuters) - XIOR STUDENT HOUSING NV  XIOR.BR :
    * : Q3 2018 EPRA EARNINGS OF EUR 1.03 PER SHARE1 , I.E. AN
INCREASE OF 17% COMPARED TO Q3 2017
    * AT SEPT 30 OCCUPANCY RATE INCREASES TO 98,65% COMPARED TO
97.7%
AS OF 30 SEPTEMBER 2017.
    * Q3 OCCUPANCY RATE INCREASES TO 98,65% COMPARED TO 97.7% AS
OF 30
SEPTEMBER 2017
    * AT SEPT 30 THE PROPERTY PORTFOLIO ROSE TO EUR 716 MILLION,
WHICH
IS AN INCREASE OF 46% COMPARED TO 31 DECEMBER 2017
    * Q3 NET RENTAL RESULT INCREASES TO KEUR 20,808, I.E. AN
INCREASE
OF 71% COMPARED TO Q3 2017.
    * THE DEBT RATIO AS OF 30 SEPTEMBER 2018 WAS 48.50%,
COMPARED TO
53.62% AS OF 31 DECEMBER 2017
    * FOR 2018 COMPANY IS ANTICIPATING EPRA EARNINGS PER SHARE
THAT
WILL AT LEAST REMAIN STABLE COMPARED TO 2017
    * HAS MINIMUM TARGET OF EUR 1.20 FOR THE GROSS DIVIDEND PER
SHARE
    * IN 2018  EXPECTS TO AT LEAST MAINTAIN ITS RESULTS FROM THE
PREVIOUS YEAR

Source text for Eikon:  ID:nNDLT38x7 
Further company coverage:  XIOR.BR 

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