Nextensa strengthens balance sheet and advances key developments in Q1 2026
Source: GlobeNewswirePRESS RELEASE
REGULATED INFORMATION
Brussels, 18 May 2026, 07:55 AM
NEXTENSA STRENGTHENS BALANCE SHEET AND ADVANCES KEY DEVELOPMENTS IN Q1 2026
Brussels, 18 May 2026 – Nextensa delivered a strong first quarter of 2026, marked by key transactions, including the disposal of Gewerbepark Stadlau in Vienna. Following the quarter-end, additional major milestones were achieved, including the sale of The Rock and the B&B Hotel in Cloche d’Or, as well as the obtaining of the urban planning and environmental permit for Lake Side at Tour & Taxis.
Q1 2026 higlights
- Sale of Gewerbepark Stadlau (Vienna) for €35.45 million
- Net financial debt reduced to €571.8 million
- Continued strong progress in development pipeline (Cloche d’Or & Tour & Taxis)
- Net profit increased to €9.6 million
Post quarter-end highlights
- Forward sale of €120 million secured for The Rock project (Cloche d’Or)
- Sale of participation in Sparkling 1 Sàrl (B&B Hotel at Cloche d’Or) at book value
- Permit obtained for Lake Side project (Tour & Taxis)
About Nextensa
Nextensa is a mixed real estate investor and developer.
The company’s investment portfolio is divided between the Grand Duchy of Luxembourg (34%), Belgium (52%) and Austria (14%); its total value as at 31/12/2025 was approximately €1.1 billion.
As a developer, Nextensa is primarily active in shaping large urban developments. At Tour & Taxis (development of over 350,000 m²) in Brussels, Nextensa is building a mixed real estate portfolio consisting of a revaluation of iconic buildings and new constructions. In Luxembourg (Cloche d’Or), it is working in partnership on a major urban extension of more than 400,000 m² consisting of offices, retail and residential buildings.
The company is listed on Euronext Brussels and has a market capitalisation of €431.53 M (value 31/12/2025).
For more information
Tim Rens | Chief Financial Officer
Nextensa NV/SA | 0436.323.915 (RLE Brussels, Dutch-speaking division)
Gare Maritime, Picardstraat 11, B505, 1000 Brussels
+32 2 882 10 08 | investor.relations@nextensa.eu
www.nextensa.eu
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