Skip Ribbon Commands
Skip to main content



Market Report Luxembourg Q4 2013: Vacancy at a 5 year low

  • Take-up in Q4 2013 was 45,251 sq.m., 34% more than in Q3 2013 and 2.8% more than in Q4 2012. In 2013, the total take-up was therefore 146,000 sq.m, equal to a year ago.
  • Vacancy rate tightened further to 5.1%, though we believe it will increase by year end and in 2015.
  • Completions in Q4 2013 came in at 17,000 sq.m., 90% of which non speculative, in the CBD and the Station district.
  • Prime rents were unchanged in the CBD at € 42 / sq. m. / month.
  • Investment volume exceeded expectations with again large deals: in Q4 volume (including development deals and land sales) amounted to € 241 Mio, bringing full year volume to € 685 Mio. Prime yields were stable at 5.75%.

Please fill out the form to download the report.

pdf | 3558528