Report
Vincent Koppmair

Nextensa - H1 2023 results - Strong rental activity

Appraisal yield now at 5.75% (+37bps since Q1 2023), portfolio fair value down 1.4% vs. Q1 2023.LTV at 44.1% (+80 bps vs Q1 2023).Rental income up 5.8% YoY despite asset disposals. Net result per share stands at EUR 1.71/share.No financial guidance for 2023 given the uncertain economic environment.More details in our note issued this morningNextensa hosts an analyst meeting today at 11:00 CET
Underlying
Leasinvest Real Estate SCA

Leasinvest Real Estate is a real estate investment trust. Co. invests in retail buildings, offices and logistics buildings, in the Grand Duchy of Luxembourg and in Belgium. As of Dec 31 2013, Co.'s real estate portfolio is composed of 34 sites (including the assets held for sale & the development projects) with a total surface of 429,579 m2, of which 18 are located in Luxembourg and 16 in Belgium. Co. rents its properties to tenants across various business sectors, such as services, retail and wholesale, financial services, transport and distribution, government and non-profit, industry, medical and pharma, and ICT.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

Analysts
Vincent Koppmair

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