Xior appoints Frédéric Renard, former analyst at Kepler Cheuvreux, as Chief Financial Officer
Xior Student Housing announced on October 29, 2026 the appointment of Frédéric Renard to the position of Chief Financial Officer (CFO) and executive officer, subject to approval by the FSMA. He will assume his duties no later than February 1, 2027.
More than fifteen years spanning audit, real estate and equity research
Frédéric Renard brings more than fifteen years of experience in real estate, finance and capital markets. He holds a master's degree in management engineering from Louvain School of Management and completed the CFA program.
Following positions as an auditor at PwC and associate director at CBRE, he joined Kepler Cheuvreux, where he most recently served as co-head of European listed real estate research. As an analyst, he closely tracked Xior for several years.
According to the board of directors, this combination of financial expertise, real estate experience and in-depth knowledge of Xior positions him to lead the group's financial direction.
A transition organized with the existing financial team
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Frédéric Renard succeeds Frederik Snauwaert, whose departure was previously announced. A transition is planned over the coming months: he will prepare to assume his duties in coordination with the financial team and management, while the financial team ensures organizational continuity during this period.
For Christian Teunissen, Chief Executive Officer (CEO) of Xior, his financial expertise and knowledge of real estate markets, capital markets and the company should strengthen the financial organization. Xior, a regulated real estate investment trust listed on Euronext Brussels, held a real estate portfolio valued at approximately 3.7 billion euros as of September 30, 2026.
9M 2026 results fully in line ; 2026 guidance reaffirmed: EPRA EPS 2.30 EUR and DPS 1.84 EUR ; Xior expects further growth in earnings per share (EPS) to 2.40 EUR (2027)
Outlook / guidance
Management commentary: For the financial year 2026, Xior confirms its outlook of earnings per share (EPS) of 2.30 EUR and a dividend per share (DPS) of 1.84 EUR, representing a 4% increase compared with 2025. For the financial year 2027, Xior expects further growth in earnings per share (EPS) to 2.40 EUR and a dividend per share (DPS) of 1.92 EUR, representing a 4% increase compared with 2026.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
