Report
Gerardo Ibanez ...
  • Steven Boumans

Xior Student Housing : Xior sets up camp in the rest of Europe: Basecamp acquisition is good news for shareholders long term, but leads to a share overhang short term

>Basecamp acquisition attractive: EPS outlook increased - Xior Student Housing announced yesterday the acquisition Basecamp for € 939m and a 5.2% yield. The deal comprises the current portfolio of 8 operational assets, 3 developments and the operations of Basecamp. The fair value of Xior’s portfolio, including pipeline, will increase over 32% due to this transaction. As a result Xior upgrades its EPS outlook for 2022 with +3.5% (from € 2.00 to € 2.07) and with +8.2% f...
Underlying
Xior Student Housing N.V.

Xior Student Housing NV is a Belgium-based company active in the field of residential Real Estate. The Company's offer is mainly for students and it includes several types of rooms for rent, including a student house in Leiden.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Gerardo Ibanez

Steven Boumans

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