Xior Student Housing : Publication of Half-Yearly Financial Report – period from 1 January 2017 to 30 June 2017

24 August 2017 - Embargo until 7am (CET)

Publication of Half-Yearly Financial Report - period from 1 January 2017 to 30 June 2017

Antwerp, Belgium - 24 August 2017 - Xior Student Housing NV, the Belgian real estate investment trust (BE-REIT) specialised in student housing in Belgium and the Netherlands, announces the publication of its 2017 Half-Yearly Financial Report.

Thanks to the successful completion of the capital increase of EUR 84 million in June 2017, the debt ratio decreased to 39.17% compared to 50.69% as at 31 December 2016.

Occupancy rate of 98% compared to 97.4% as at 31 December 2016.

For more information, please refer to the Half-Yearly Financial Report for H1 2017, which is now published and available on Xior's website (Dutch and English).

1 The definition of EPRA earnings has changed. Please refer to Chapter 5.8 of the Half-Yearly Report for the change and the definition/calculation and the reasoning behind this. The change in the calculation has a positive impact of EUR 0.01 per share as at 30 June 2017.

2 Figures per share are calculated on the basis of the weighted average number of shares (depending on the respective dividend entitlements), unless stated otherwise.

24 August 2017 - Embargo until 7am (CET)

1. The Fair Value of the investment property is the investment value as determined by an independent property expert less the

   transaction costs (cf. BE-REIT Association press release dated 10 November 2016). The Fair Value corresponds to the carrying amount under IFRS. 2

2. Calculated in accordance with the Royal Decree of 13 July 2014 pursuant to the Law of 12 May 2014 on Regulated Real Estate Companies.

3. Shares are counted from the time of issue or according to the respective dividend entitlements.

24 August 2017 - Embargo until 7am (CET)

For more information please contact:

Xior Student Housing NV is the first Belgian public RREC specialising in the student housing segment in Belgium and the Netherlands. Within this property segment, Xior Student Housing offers a variety of accommodation, ranging from rooms with communal facilities to en-suite rooms and fully-equipped studios. Since 2007, as owner-operator, Xior Student Housing has built high-quality, reliable student housing for students looking for the ideal place to study, live and relax. A place with that little bit extra, where every student immediately feels at home.

Xior Student Housing has been accredited as a public RREC under Belgian law since 24 November 2015. Xior Student Housing NV's shares have been listed on Euronext Brussels (XIOR) since 11 December 2015. On 30 June 2017, Xior Student Housing had a property portfolio worth approximately EUR 357 million. More information is available at www.xior.be.

BE 0547.972.794 (Antwerp Register of Legal Entities, Antwerp section)

This press release contains forward-looking information, projections, convictions, opinions and estimates produced by Xior in relation to the expected future performance of Xior and of the market in which it is active ('forward-looking statements'). By nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, that appear justified at the time at which they are made but which may or may not turn out to be accurate, and there is a risk that the forward-looking statements will not be realised. Some events are difficult to predict, and may depend on factors outside of Xior's control. In addition, the forward-looking statements are only valid on the date of this press release. Statements in this press release relating to past trends or activities may not be interpreted as an indication that such trends or activities will persist in future. Neither Xior nor its representatives, officers or advisers can guarantee that the parameters upon which the forward-looking statements are based are free of errors, nor can they indicate, guarantee or predict whether the expected results set out in such a forward-looking statement will ultimately be achieved. Actual profits, the financial situation and Xior's performance or results may therefore differ substantially from the information projected or implied in forward-looking statements. Xior expressly declines any obligation or guarantee to publicly update or review forward-looking statements unless it is required to do so by law. This press release has been prepared in Dutch and has been translated into English and French. In case of discrepancies between the different versions of this press release, the Dutch version will prevail.

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