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BRIEF-Xior Student Housing Q1 net result rises to 3.5 million euros
May 5, 2017 / 5:41 AM / 5 months ago

BRIEF-Xior Student Housing Q1 net result rises to 3.5 million euros

May 5 (Reuters) - Xior Student Housing NV:

* Xior confirms its objectifs for 2017: confirmation of the envisaged EPRA earnings of EUR 1.40 per share and associated gross dividend of EUR 1.20

* Q1 net result increased to EUR 3.5 million, up by 65% compared with Q1 2016

* Q1 EPRA earnings per share double as compared to Q1 2016

* Q1 EPRA earnings of eur 0.15 per share – EUR 0.25 per share after correction for IFRIC 21

* Q1 net rental income EUR 3.5 million versus EUR 2.1 million year ago

* Net result (IFRS) for Q1 2017 of EUR 2.5 million

* Q1 occupancy rate of 97.1% as compared to 97.4% per 31 December 2016

* In Q1 the property portfolio has risen to EUR 289 million, which is equivalent to an increase of more than 8.6% compared to 31 December 2016 Source text: bit.ly/2pMjBWY Further company coverage: (Gdynia Newsroom:)

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