Nextensa NV/SA: Half Year results 2025

PRESS RELEASE

REGULATED INFORMATIONBrussels, 13 August 2025, 5:40 PM

        

Solid half-year results confirm Nextensa's strategic course

In the first half of 2025, Nextensa achieved a clear increase in profitability despite a challenging economic context. Net profit increased significantly, driven by a higher contribution from development activities, lower financing costs, and a further strengthening of the balance sheet. Underlying rental income recorded positive like-for-like growth, mainly thanks to improved occupancy at Moonar and Tour & Taxis. The decrease in total rental income is mainly due to divestments, including the Knauf shopping centres, the Brixton retail park, and Hygge, representing a total volume of approximately €230 million.

These solid financial and operational results are the outcome of a clear long-term strategy, which materialised in three notable transactions in the first half of the year. The sale of the Knauf shopping centres to Wereldhave for €165.75 million reinforced the group's financial strength. In addition, Proximus's decision to choose Tour & Taxis as its new headquarters, with full pre-leasing of the Lake Side office project, confirmed the appeal of Nextensa's sustainable urban developments. Lastly, Nextensa reinforced its sustainability ambitions by acquiring the iconic Proximus Towers (BEL Towers) and obtaining the permit to redevelop them into a mixed-use sustainable project located in a prime area next to Brussels North Station.

Thanks to these targeted strategic decisions and a solid foundation of results, Nextensa remains well positioned to create sustainable value for all its stakeholders.

NET RESULTHet nettoresultaat (aandeel van de groep) over de eerste jaarhelft van 2025 bedroeg € 19,9 M, of € 1,96 per dividendgerechtigd aandeel, wat een stijging van 41% betekent ten opzichte van € 14,1 M of € 1,39 per aandeel in dezelfde periode vorig jaar

INVESTMENT PROPERTIES• Rental income (like-for-like) increased by 5.45% ...