Brief: Xior Student Housing Q3 Net Rental Result Up At 75.6 Million Euros

Xior Student Housing NV

22/11/2022 06:09

Nov 22 (Reuters) - Xior Student Housing NV  XIOR.BR :
    * Q3 19% INCREASE OF EPRA EARNINGS AND EPS 2022 OF 2.07 EUR
RECONFIRMED
    * Q3 FAIR VALUE OF THE PORTFOLIO INCREASES BY C. 730 MEUR TO
MORE
THAN 2.9 BILLION EUR (+50% YEAR TO DATE)
    * AVERAGE RENTAL GROWTH FOR ACADEMIC YEAR 2022-2023 IS C.
4%,
WHICH WILL CONTRIBUTE TO HIGHER LIKE-FORLIKE GROWTH AS FROM Q4
2022 ONWARDS
    * DIVIDEND FORECAST FOR 2022 AND 2023 ARE RE-CONFIRMED AT
1.66 EUR
AND 1.90 EUR RESPECTIVELY
    * Q3  NET RENTAL RESULT RISES TO 75,635 KEUR, AN INCREASE OF
40%
COMPARED TO Q3 2021
    * Q3  OCCUPANCY RATE OF 98% FOR Q3 2022 REMAINS HIGH AND
STABLE
    * Q3 EPRA NAV/SHARE OF 44.06 EUR COMPARED TO 38.63 EUR ON
31/12/2021 (+14%

Source text: https://bit.ly/3i4XM4g
Further company coverage:  XIOR.BR 
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