A sustained supply, but prices increasing
The effervescence in the property sector remains a reality in Luxembourg. The Grand Duchy, which experienced (virtually) no financial crisis, saw soaring prices and an expanding supply. Given predicted growth of up to 60% in office property and 50% for residential property between now and 2020. For investors this is inspiring …
Some tore their hair out and railed against the property price explosion. Others were rubbing their hands with glee. In Luxembourg, accommodation is hard to find and expensive. According to the Institut national de la statistique et des études économiques [National institute of statistics and economic studies] of the Grand Duchy (Statec) and the Observatoire de l’habitat, in the second quarter of 2016, the average price index for housing prices saw an increase of 5.6%; +7.7% on the previous year. The average price per square metre for existing apartments was €4,613/m2, a ...
Offices in Luxembourg-Kirchberg
Offices space for let in a building opened in 2016: modern and surrounded by a beautiful green space
In the Kirchberg quarter of Luxembourg (10 minutes from the airport and downtown)
740 m2 to 7.720 m2
Access to many amenities
Negotiable prices and terms
Find out more
To visit or to get more information, please contact us by email: email@example.com or by phone: (+352) 621 202 234.
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A demanding profession
The importance of training and skills
Over the years, the professional work of the co-ownership property managing agent has become considerably more complex. This activity continues however to suffer from an image problem, and the managing agent is not necessarily seen as the ideal partner for the co-ownership property, having a mandate to act under all circumstances solely in the best interests of the joint owners. In respect of the increasing complexity of the activity, professionals and public authorities are in the process of establishing a training programme leading to a higher technical diploma [BTS] in this field.
The managing agent is called upon to ensure the optimum level of conservation of the joint owners’ property through proper mainte ...
Commune of Mersch
The centre of the country is expanding
An economic activities zone enlarged by 20 ha, and 20 PAPs [special development plans] underway
Mersch, derived from its original name, Marisca, is a former Roman town. Located at the heart of the country, 224 metres above sea level, Mersch spreads out over the hollow of the picturesque basin created by nature at the points of confluence of the rivers Alzette, Eisch and Mamer. Formerly an industrial location, Mersch is still a large rural village, and the imminent Zone d’Activité Régionale [regional business zone] should sustain its economic development. Michel Malherbe, burgomaster provides us with the details.
Burgomaster, how would you describe your commune?
The commune is made up of 8 areas: Mers ...
Wasteland with real potential
Ultimately nearly 3000 housing units
In 15 years, Belval has reached half-way. Since the beginning of operations, AGORA has been responsible for the development of the site and the commercialisation of the various projects. Formed in equal parts by the State and ArcelorMittal, the company has created a unique site in Luxembourg out of these old industrial wastelands that had been operated for over 80 years. An urban space where diversity reigns on all levels: population, residential, tertiary and services. A site with a constant life of its own, highly prized by all the generations... and by numerous foreign investors. The details with Robert Kocian, Marketing and Development Manager with Agora.
Mr Kocian, what is Agora’s role in this?
Agora positions itself as a development company. In ...