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Nextensa sells a retail site in Ingeldorf to the Luxembourg State
Globenewswire· 2025-09-29 05:25
Core Points - Nextensa has sold a retail site in Ingeldorf to the State of the Grand Duchy of Luxembourg for a net amount of €19.6 million [2] - The retail property has been part of Nextensa's portfolio since 2008 and includes a Batiself building and an extension housing Siemes Schuhcenter [2] - This transaction aligns with Nextensa's strategy to optimize its real estate portfolio while pursuing sustainability objectives [2] Company Overview - Nextensa is a mixed-use real estate investor and developer with a total investment portfolio value of approximately €1.1 billion as of June 30, 2025 [3] - The company's portfolio is geographically divided with 32% in Luxembourg, 51% in Belgium, and 17% in Austria [3] - Nextensa is actively involved in large urban developments, including projects in Brussels and Luxembourg [4] Market Information - Nextensa is listed on Euronext Brussels with a market capitalization of €426 million as of June 30, 2025 [5]