Luxembourg Property Market Overview H1 2019

Despite the clouds on the horizon, fundamentals stayed positive in Luxembourg during the first half of 2019. The stable political situation and the government proximity to economic actors helped Luxembourg maintain a favorable business environment. 

• Co-working space is boosting the H1 take-up in office
• Office Prime rents are stable with upward pressure
• Strong retail completion during H1 with the Cloche d’Or Shopping  
• Growth discrepancy between new and existing apartment growth
• This is the first time a Korean investor is entering in the Luxembourg property market