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Market Report Luxembourg Q3 2014: Massive demand by the European Commission

  • ​Take-up in the nine month period increased by 28.9% y-o-y to 129,810 sq.m.
  • Vacancy rate declines further to 4.1% compared to 4.6% in Q2. By year-end it may dip to 3% or below.
  • Prime rents were unchanged in the CBD at € 42 / sq. m. / month.
  • The investment market was again marked by a large size deal, volume by year-end may reach a seven year high. 

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