Insights > Deals
Xior takes full ownership of Porto student residence
23 October 2026 | Asset acquisition | Portugal | 532 units | Operational
The purchase of the remaining 75% interest brings a recently opened residence fully into Xior's operating portfolio.
Key details
Asset type | Operational |
Location | Porto, Portugal |
Capacity | 532 units |
Buyer | Xior Student Housing |
Seller | Undisclosed |
Value | Undisclosed |
Developed as a joint venture with U.hub, the newly opened 532‑room Boavista residence in Porto officially welcomed its first students on 1 September 2026.
Following the opening, Xior completed the acquisition of the remaining 75% stake on 21 October 2026 to gain 100% ownership of the property. With this transaction successfully completed, Boavista is now fully integrated into Xior’s operating portfolio and positioned for strong occupancy.
Strategic context
Xior already held a minority interest in the development venture, making the acquisition the completion of an existing investment rather than an entry into a new market. Taking full control after delivery moves the property from joint development into the group's directly held rental portfolio.
The acquisition also aligns with Xior's strategic focus on converting its remaining pipeline into recurring income while keeping additional capital expenditure strictly limited.
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