Kirchberg: Luxembourg's dominant office market

 

As the undeniable heart of Luxembourg's office real estate sector, the Kirchberg district holds the title of the largest market in the Grand Duchy. Totaling over one million square meters of office space, this area, centered around the prominent Avenue John-F.-Kennedy, sets the benchmark for business locations in the country.

 

A strategic hub for European institutions and global business

 

Kirchberg is synonymous with European power and international business. It proudly hosts major European institutions such as the European Parliament, the European Commission, and the Court of Justice of the European Union, with significant development projects planned through 2028. Beyond the institutional presence, the district also attracts a stellar lineup of private sector giants including BNP Paribas, Pfizer, Amazon, Deutsche Bank, KPMG, and Arendt & Medernach, making it a truly global business melting pot.

 

High demand reflected in low vacancy rates

 

The desirability of Kirchberg is clearly illustrated by its remarkably low office vacancy rate, which stands below 2%. This figure is a strong indicator of the high demand and limited availability, highlighting its status as a prime location for businesses looking to establish or expand their presence in Luxembourg.

 

More than just offices: a vibrant, diversified district

 

While primarily known for its vast office landscape, Kirchberg is evolving into a truly mixed-use district. It provides essential amenities including retail (like the Auchan shopping center), renowned cultural institutions (Philharmonie, Mudam), and sports facilities (National Sport and Culture Centre). Ongoing diversification efforts, including significant residential development projects like Kiem 2050, are enhancing its appeal as a place to live, work, and thrive.

 

Unrivalled accessibility

 

Accessibility is a key advantage of the Kirchberg district. Its proximity to the city center, excellent connectivity via the tramway network, and being less than 10 minutes away from Luxembourg Airport (Findel) make it exceptionally convenient for employees and international visitors alike. This seamless connectivity reinforces its position as an ideal location for institutions and international companies that benefit from being close to political and economic decision-making centers.

 

Source: propertyweb.lu