{
  "url": "https://classa.info/cities/luxembourg",
  "title": "Luxembourg Class A Office Market",
  "description": "EU finance and fund administration capital with structural fund tenancy.",
  "oneSentenceAnswer": "Luxembourg Class A office rents around €50/sqm/mo · ≈ $60.2 PSF/yr USD, with 4.8% vacancy and 6 months of typical rent-free on a 9-year term.",
  "tldr": [
    "Tightest Class A market in Continental Europe — vacancy under 5%.",
    "Trophy product in Kirchberg (EU institutions, BNP Paribas, Deloitte) trades at €50-€58/sqm/month.",
    "Fund administration tenancy underwrites a long-duration lease pipeline.",
    "EU institutional tenancy (European Court of Justice, Court of Auditors) anchors Kirchberg."
  ],
  "keyFacts": {
    "city": "Luxembourg",
    "country": "Luxembourg",
    "region": "EMEA",
    "classARentLocal": "€50/sqm/mo · ≈ $60.2 PSF/yr USD",
    "classARentUsd": "$60.20122817937737/sqft/yr",
    "vacancyPct": "4.8%",
    "typicalLeaseYears": 9,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "24.94%",
    "talentIndex": 88
  },
  "faqs": [
    {
      "question": "What is the cross-border commuter context?",
      "answer": "Roughly half of the Luxembourg workforce commutes daily from France, Belgium, and Germany. Tenant transit and parking decisions must consider this commute pattern."
    },
    {
      "question": "How significant is the fund administration sector?",
      "answer": "Critically important. Luxembourg is the second-largest fund domicile globally and the EU's largest. Fund administrators, custodians, transfer agents, and depositary banks anchor a major share of Class A demand."
    },
    {
      "question": "What is the language regime in tenancy?",
      "answer": "French dominates contracts; English dominates daily professional communication. Luxembourgish is the national language but rarely the operating language."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/luxembourg), updated 2026-04-15T00:00:00.000Z."
}