JLL Capital Markets team plays a key role as advisor to an international buyer

JLL successfully advised on the acquisition of a company that owns a prime office building located in the heart of Luxembourg city center. This type of investment opportunity rarely presents itself.

This strategic decision has been made to better align with our clients' evolving needs and driving sustainable growth amidst the dynamic market landscape

JLL Luxembourg is proud to share its latest Capital Markets success, where its team played a key role as advisor to an international private buyer. This transaction involves the acquisition of the company owning the prestigious office building "Le Royal Park," located in the heart of Luxembourg city.

Le Royal Park is a 10,500 sqm building strategically located in the central business district of Luxembourg. The building is currently fully leased despite being recently completed. Its features make it an investment that aligns with the criteria of investors focused on ESG.

This transaction showcases JLL's personalized approach in advising its investors, a recipe for success in the evolving market environment. JLL adopts a customized approach based on trust and listening as a trusted advisor.

This transaction demonstrates that office buildings continue to have a promising future in the real estate investment market, particularly for those who take the time to develop a long-term strategy and vision. JLL's Capital Markets team in Belux provided advisory and support services throughout the acquisition process.

Vincent Van Brée, Head of Capital Markets Belux, commented: "We are delighted to have successfully supported our client in this transaction. It underscores the importance of understanding the specific needs of investors and offering customized services, as each transaction is unique. With our deep expertise and local presence, we were able to provide personalized support based on trust, perfectly meeting our client's expectations."

Guy Degryse, Country Director Real Estate at Baltisse adds: "We would like to congratulate JLL Luxembourg for their professional and structured support throughout the acquisition process. Their proactive and personalized approach was essential in ensuring the success of this transaction."