On 16 October 2019 Xior Student Housing launched a public capital increase in cash with irreducible allocation rights for existing shareholders, in order to finance its investment pipeline and further growth.
Xior Student Housing, a regulated real estate company under Belgian law (BE-REIT), specialises in student housing in Belgium, the Netherlands, Portugal and Spain.
During the subscription period with irreducible allocation rights, 93.1% of the new shares were subscribed. The remaining shares were subscribed in the context of an exempt accelerated private placement of scrips.
The capital increase for an amount of approximately EUR 205.7 million was fully subscribed.
Eubelius advised Xior on the fulfilment of this successful capital increase.
For more details, see the articles published in De Tijd (only available in Dutch): "Kotbaas Xior haalt nog eens 200 miljoen euro op" and "Studentenhuisvester Xior rondt kapitaalverhoging met succes af" or L'Echo (only available in French): "La croissance impressionnante de Xior, le spécialiste du kot étudiant" and "Xior lève près de 206 millions d'euros".