Nextensa sells its participation in Belgian REIT Retail Estates

Group 1 - Nextensa has sold its entire 8.99% stake in the Belgian REIT Retail Estates for €66.30 per share, generating total proceeds of €89.6 million, which is a significant capital gain compared to the previous valuation of €61.50 per share [1][2] - The transaction results in a strong cash inflow, reducing Nextensa's debt ratio to below 40%, thereby enhancing the company's balance sheet and financial capacity for future investments [2] - This sale aligns with Nextensa's long-term vision to free up capital for reinvestment in innovative and sustainable urban development projects, reflecting a proactive investment policy [3] Group 2 - Retail Estates has developed into a solid and successful company in its segment, and Nextensa has supported its growth for over 25 years, realizing a clear capital gain through this transaction [4] - Nextensa's investment portfolio is diversified across Luxembourg (32%), Belgium (41%), and Austria (17%), with a total value of approximately €1.1 billion as of June 30, 2025 [6] - The company is actively involved in large urban developments, including projects in Brussels and Luxembourg, focusing on mixed-use real estate [6]