Xior takes major stake in Quares

Consolidation within industry has become a commonplace trend over recent years. The realization that critical mass is crucial and that too many companies within one sector merely do harm to each other, has led to an increasing trend towards fewer larger companies. The latest to be announced comes within a sector which until recently was niche, and is entirely Belgian. Xior Student housing has agreed to acquire a third (32.36%) of the shares of Quares Student Housing.

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