Stibbe successfully assisted real estate developer L.I.F.E. in setting up XL Fund with Xior Student Housing.
Stibbe has successfully assisted Antwerp-based real estate developer L.I.F.E. (Living In Funky Environments) in setting up “XL Fund”, a real estate investment fund held by L.I.F.E. and Xior Student Housing.
XL Fund acquired a ca. EUR 155 million portfolio from L.I.F.E., consisting of six student and young professional projects located in Belgium and the Netherlands. Stibbe is proud to have been L.I.F.E.’s legal advisor throughout the entire process.
The multidisciplinary Stibbe team was jointly led by real estate partner Matthias Maselis and corporate and M&A partner Stefan Odeurs, supported by partners Wim Panis (on the tax aspects), Sophie Van Besien (on the competition aspects) and Pascal Vanden Borre (on the regulatory aspects), and their respective teams.
We also thank L.I.F.E. for their trust in our firm.
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