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Office Market News

The offices are lacking

At the dawn of the massive return to in-person work of cross-border workers, employees of several Luxembourgish financial sector companies express concerns about a lack of space in offices, some of which have been reduced during the health crisis.

Offices remain popular in Luxembourg

Despite a record occupancy and a quadrupling of deliveries in one year, the office vacancy rate decreased to 3.6% in 2021

Focus on real estate trends in Luxembourg

The years go by and look alike in the real estate market. 2021 was a new record year in terms of transactions for office real estate. As for retail, the market, which has benefited from the e-commerce boom due to the pandemic, is showing a "bipolar" trend, according to experts. In a residential market characterized by insufficient supply, the apartment segment was the big winner. The rise in the price of new housing is driving demand for existing apartments. And the issue of affordable housing in the country remains...

The principle of coworking

Coworking has emerged over the past few years to become the new way of establishing offices and working. However, coworking continues to evolve to meet the needs of entrepreneurs and their collaborators. While it initially was simply about renting office space for a specified duration in premises owned by another company, the offerings have greatly expanded. It goes without saying that with the increasing number of startups, coworking is gaining popularity as it proves to be perfectly suited to their innovative nature and need for flexibility.

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