Client story

Tenant Representation team supports MFEX in a strategic relocation

JLL Tenant Representation offered an end-to-end service to MFEX, which included preparing a thorough market search and analysis of all available On and Off Market options, searching for the right building in the requested area, and negotiating the best financial and commercial terms on MFEX’ behalf.

Location

Avenue de la Gare, L-1610 Luxembourg

Square Feet

1.100 sqm

Industry

Financial sector

Our client MFEX was occupying a small and temporary office space in a business center located in the South Lane complex in Belval. 

In spring 2019, MFEX formed a partnership with the major bank Societe Generale on international fund distribution services and faced a sudden and important need of additional space to accommodate a fast-growing team.

MFEX took this opportunity to rethink their real estate strategy in Luxembourg.

JLL Tenant Representation offered an end-to-end service, which included preparing a thorough market search and analysis of all available On and Off Market options, searching for the right building in the requested area, and negotiating the best financial and commercial terms on MFEX’ behalf.

JLL secured the ideal solution for MFEX in terms of representativeness, location, comfort, efficiency and flexibility

‘First of all I would like to express you my gratitude for the success of this operation. Indeed, the advisory mandate was successfully executed.

JLL has been able to propose us various opportunities matching more and more the expected goods. Thank you for all the work provided, and your involvement throughout this research, to find us the premises in which we are today.’