Luxembourg Office MarketBeat Q1 2025
The Luxembourg office market recorded 45,000 sq m of take-up in Q1 2025, with approximately 75% of the 406,000 sq m pipeline under construction already pre-let, reflecting ongoing flight-to-quality demand for modern, ESG-compliant buildings despite a single large 16,000 sq m pre-letting transaction (Lime House by FM Global) driving much of the volume. The investment market experienced its weakest Q1 on record with only €31 million in completed transactions across two deals, while prime rents remained stable at €54/sq m/month and prime yields held steady at 5.00%, with near-term growth dependent on renewed corporate occupier confidence amid persistent geopolitical and macroeconomic uncertainties.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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