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Today's changing real estate market dynamics and the volatile world in which our industry operates require knowledge and intelligence to create competitive advantage like never before. Jones Lang LaSalle's industry-leading research group delivers market analysis and insights that drive value in real estate decisions and support successful strategies for our clients.
Featured Research
​ON POINT: Good start in lettings and investments
  • Take-up in 2013 began on a positive note, with 27,700 sq.m ., up 12% YoY. Largest deals were 4,654 sq. m. pre-let to the University of Luxembourg in the Square Mile 4 (Esch / Belval) and the 3,750 sq.m. let to KPMG in Bertrange (Decentralised).
  • Vacancy rate is declining: in March it was estimated at 6.2% (*), vs. 6.5% 3 months ago.
  • Completions in Q1 2013 amounted to 21,200 sq. m., of which 11,900 sq.m. non speculative. A material increase of speculative development is not expected before next year.
  • Prime rents were unchanged in the CBD at €40 / sq.m. / month. Low vacancy and robust demand suggests an increase in the course of 2013.
  • Investment volume rose sharply in Q1, to € 160 m (including development deals) driven by large transactions. Prime yields were stable at 5.75%.
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Contacts
  pierre-paul verelst
Pierre-Paul Verelst
Research Belux
+ 32 (0)2 550 25 04
pierre-paul.verelst@eu.jll.com
 
 
Contacts
  pierre-paul verelst
Pierre-Paul Verelst
Research Belux
+ 32 (0)2 550 25 04
pierre-paul.verelst@eu.jll.com
 
 
 
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Commercial Real Estate Market Research. Jones Lang LaSalle Luxembourg