Nextensa announces successful sale of Brixton Retail Park

From GlobeNewswire: 2024-12-16 01:30:00

Nextensa successfully sells Brixton Retail Park in Zaventem, Belgium for €41 million to private investors. The park, part of Nextensa’s portfolio since 1999, boasts high rental rates and full occupancy. Located near Brussels, the park includes seven shops, a car park with Tesla Superchargers, and solar panel installations. This sale aligns with Nextensa’s strategy to focus on sustainable mixed-use projects. CEO Michel Van Geyte emphasizes a shift towards urban office and residential developments. Nextensa’s investment portfolio includes Luxembourg, Belgium, and Austria, totaling €1.3 billion as of September 2024. The company is listed on Euronext Brussels with a market capitalization of €442 million.



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