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Office Market News

The offices are lacking

At the dawn of the massive return to in-person work of cross-border workers, employees of several Luxembourgish financial sector companies express concerns about a lack of space in offices, some of which have been reduced during the health crisis.

Offices remain popular in Luxembourg

Despite a record occupancy and a quadrupling of deliveries in one year, the office vacancy rate decreased to 3.6% in 2021

Focus on real estate trends in Luxembourg

The years go by and look alike in the real estate market. 2021 was a new record year in terms of transactions for office real estate. As for retail, the market, which has benefited from the e-commerce boom due to the pandemic, is showing a "bipolar" trend, according to experts. In a residential market characterized by insufficient supply, the apartment segment was the big winner. The rise in the price of new housing is driving demand for existing apartments. And the issue of affordable housing in the country remains...

Office space rental remains highly demanded in Luxembourg

Despite a record occupancy rate and deliveries multiplied by four in one year, the office vacancy rate remained low at 3.6% in 2021

Transactions

Date Business Center Tenant m2 Lessor
2024 Q4 Unikkeys SoundProof office Unikkeys 500 Unikkeys
2024 Q4 Fonderie Fonderie n/a Deskover
2024 Q4 LONGWY ROUTE 486 Property Partners 185 Property Partners Group

More Transactions »

Best of 2024

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