News release

JLL Capital Markets team advises on acquisition of prime office building in Luxembourg City Center

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

June 25, 2024

Vincent Van Brée

Head of Capital Markets Belux
+32(0)2 550 25 25

Valina Sempot - VSMC srl

Head of Marketing & Communication, Research & Data Knowledge Belux
+32 (0)2 550 25 37

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.

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."


About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.