Nextensa (NEXTAB.XD,NEXTA.BR), a real estate investor and developer, on Monday announced that it has sold a retail site in Ingeldorf to the State of the Grand Duchy of Luxembourg for 19.6 million euros.
The transaction has been structured as an asset deal.
The Ingeldorf site was part of Nextensa's portfolio since 2008. It comprises of Batiself building as well as a separate extension housing Siemes Schuhcenter.
Nextensa, a developer primarily focusing on large urban developments, said the sale is in line with its strategy to optimise its real portfolio while performing sustainability objectives.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.