Luxembourg Office MarketView Q3 2017
YTD the market has experienced 178,000 m2 of take-up, reflecting very good activity. Though no large deals in Q3, notable activity includes the public-backed House of Start-ups deal in Le Dôme the largest (4,741 m2) along with Hauck & Aufhauser Private Bankers AG (5,700 m2 total) who signed two deals in Munsbach. Vacancy decreased to a very low 4.5% at the end of Q3. CRE investment counted significant deals to total €501 million for the quarter.