Luxembourg Property Market Overview Q3 2019

The 9 first months of 2019 have been very volatile. With 123.384 m2 of Take-up during Q3, we are at a record high for a single quarter.
Favourable tax environment is boosting service sector transactions and keeps pressure on already low vacancy rate.
Companies from Co-Working sector becomes big players in total size of transaction during 2019.
The third quarter has been also high for Retail transaction which are at a record 23,973 m2 during Q3. The full 2019 to date is at 30% above the 5Y average in terms of number of transactions.
Apartments price grow by +25% during the two years between Q2 2017 and Q2 2019, a record high.

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