Nextensa posts strong Q1 2026 results with strategic asset sales. The real estate developer and investor reduced net financial debt to €571.8 million following the €35.45 million sale of Gewerbepark Stadlau in Vienna. Net profit reached €9.6 million during the quarter. Post-quarter milestones include a €120 million forward sale agreement for The Rock project in Luxembourg's Cloche d'Or development and regulatory approval for the Lake Side project at Tour & Taxis in Brussels. These transactions strengthen the company's balance sheet while advancing its major urban development pipeline across Luxembourg, Belgium, and Austria. Nextensa, listed on Euronext Brussels with a market cap of €431.53 million, continues executing its mixed real estate strategy with significant progress on landmark projects.
Post from MarketNews_en
Log in to interact with content.