DLA Piper Luxembourg, advised by JLL announces 2023 move to flagship building
JLL has advised DLA Piper Luxembourg in its ambitious project and commitment to shaping the workplace, providing flexible and modern working options and a more sustainable environment.
Tenant representation department of JLL has advised DLA Piper Luxembourg in its ambitious project and commitment to shaping the workplace, providing flexible and modern working options and a more sustainable environment.
Global law firm DLA Piper has signed a lease agreement which will see its Luxembourg team relocate to the Nova building later in 2023. The prestigious 4,000 sq. m. building, strategically located in the heart of Luxembourg city on the Place de l'Etoile, offers both unrivalled access and visibility, and headroom for the continued growth of the team.
The updated building has been recognized as ‘very good’ by BREEAM, the world standard for sustainability credentials, standing it among Luxembourg City’s most responsible office buildings. This was a key criterion in the choice of new premises for the firm. DLA Piper strives to be a leading global business law firm and environmental sustainability is an integral part of its strategy and ethos. With over 90 offices worldwide, the firm is focused on reducing its energy consumption and carbon footprint, notably being the first law firm to sign a corporate Power Purchase Agreement.
The Nova building, owned by Monceau Assurances, has been completely redeveloped and is being modernized to become a first-class asset. The building now includes a rear extension, an additional floor and a complete renovation of the façade. The new location will offer an exceptional experience for clients, staff and community to foster connections, creativity and synergies.
Tenant representation department of JLL Luxembourg has advised DLA Piper in its ambitious project.
This achievement is the outcome of an effective collaboration during which JLL has offered end-to-end services. During the initial phase of the project, JLL leveraged its expertise in developing workspaces to help DLA Piper Luxembourg establish a local "New Way of Working" project. The goal was clearly to create a pleasant working environment that combines effective communication, personal fulfillment, efficiency, and productivity while "delivering experience" for employees and visitors. To achieve this workplace strategy, JLL proposed a spatial organization of services that aligns with the needs of DLA Piper.
After this first phase was completed, JLL undertook a thorough Stay vs Go analysis, which is a strategic analysis and support, to identify all suitable options meeting DLA’s brand, culture and ambitions and which would enable the firm to implement this new way of working.
This successful approach has led to the decision to lease the Nova building, a first-class asset, in a highly competitive market.
Catherine Pogorzelski, Country Managing Partner of DLA Piper Luxembourg comments: “The prospect of moving into this brand new, fantastically located, and amazingly equipped building is very exciting. The Place de l'Etoile area will be completely revamped, rejuvenated and modernised. It will be a perfect reflection of the dynamic and growing team we have here in Luxembourg, and will place us at the very heart of its centre. This investment reflects both the strength of our client base, and our faith in Luxembourg’s continued role as a major financial and commercial hub.”
Emna Rekik, Country Lead JLL Luxembourg comments : “Our collaboration with DLA Piper was based on trust, teamwork, communication and collaboration, just like the ambitions for these new offices. We are proud to have been able to assist DLA Piper throughout this journey. This transaction builds on our JLL’s track record as a trusted advisor and our ability to lead the way to our clients for a better real estate future.”