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Xior Student Housing


Xior lists on Euronext Brussels

Brussels – 11 December 2015– EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for smaller and mid-sized enterprises, today welcomed Xior Student Housing (ticker code: XIOR) on Euronext Brussels. With an issue price set at € 25, the Belgian real estate company raised € 88 million in new capital, reaching a total market capitalisation of € 116 million. The offer was 2.1x oversubscribed, with a strong demand from both Belgian retail investors and institutional investors in Belgium, Continental Europe and the United Kingdom.

Xior Student Housing NV is a Belgian property company specialising in student housing which offers a variety of accommodation, ranging from rooms with communal facilities to en-suite rooms and fully-equipped studios. Xior Student Housing is accredited as a public regulated real estate company (RREC) under Belgian law and has a property portfolio worth approximately € 196 million. With an average occupancy rate of 98%, Xior’s portfolio comprises over 2,000 rooms situated in major student cities in Belgium (Leuven, Ghent and Antwerp) and in the Netherlands (The Hague, Maastricht, Breda and Tilburg).

To mark the listing, Frederik Snauwaert, CFO of Xior Student Housing, rang the bell in Brussels to open trading.