Luxembourg Office Market Dynamics, Q1 2026
Luxembourg's office market in Q1 2026 experienced a sharp 37% year-on-year drop in take-up to 24,779 square meters due to geopolitical tensions, with vacancy improving to 3.6% and prime CBD rents holding steady at €54/sq.m./month while citywide average rents reached €35.6/sq.m./month. Investment activity remained limited with only one major deal—the State's acquisition of Edison 2 for redevelopment into a European school—though the outlook indicates continued rental growth driven by inflation and construction cost pressures.
Published by JLL. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- JLL
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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