Where do asset management occupiers lease office space in Luxembourg?

Most cluster in Kirchberg. Rent runs ~50 EUR/sqft ($60 USD) for trophy and prime stock.

What fit-out spec do asset management occupiers run in Luxembourg?

Typically trophy at $210–320/sqft.

How much office space per seat should a asset management occupier plan in Luxembourg?

Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

What NAICS codes describe the asset management vertical?

Representative NAICS 2022 codes: 523930, 523920.

What is the talent index in Luxembourg?

88/100. Use the city profile for full detail.

Asset management occupiers in Luxembourg typically cluster in Kirchberg, plan ~230 sqft per seat at trophy fit-out ($210–320/sqft), and pay around 50 EUR/sqft ($60 USD) on Class A.

Preferred submarket: Kirchberg.
Typical fit-out spec: Trophy ($210–320/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 50 EUR/sqft ($60 USD).
Typical lease: 9 years with 6 months rent-free.
Talent depth in Luxembourg: 88/100.

Asset management office space in Luxembourg

Asset management occupiers in Luxembourg typically cluster in Kirchberg, plan ~230 sqft per seat at trophy fit-out">fit-out ($210–320/sqft), and pay around 50 EUR/sqft ($60 USD) on Class A.

TL;DR

Preferred submarket: Kirchberg.
Typical fit-out spec: Trophy ($210–320/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 50 EUR/sqft ($60 USD).
Typical lease: 9 years with 6 months rent-free.
Talent depth in Luxembourg: 88/100.

Where they cluster

Asset management occupiers in Luxembourg typically anchor in Kirchberg. EU institutions, banking, fund administration, Big Four, consulting.

What they pay

Class A rent in Luxembourg runs 50 EUR/sqft ($60 USD) on a 9-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $210–320/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in Luxembourg typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Deepest fund administration and private banking talent pool in the EU. Multilingual (French, German, English, Luxembourgish) professional base. Cross-border commuter labour from France, Belgium, and Germany makes up roughly 50% of the workforce.

Tax and lease context

Headline corporate tax: 24.94%. Net leases. 9-year terms with break options at years 3 and 6 standard. Free rent of 6-9 months and TI of €60-€100/sqm typical.

Key facts

city	Luxembourg
industry	Asset management
naics	523930, 523920
preferredSubmarket	Kirchberg
preferredFitoutSpec	Trophy
fitoutBand	$210–320/sqft
sqftPerSeat	230
classARentLocal	50 EUR/sqft/yr
classARentUsd	$60/sqft/yr
vacancyPct	4.8%
typicalLeaseYears	9
typicalRentFreeMonths	6
talentIndex	88
corporateTaxPct	24.94%

Frequently asked questions

Where do asset management occupiers lease office space in Luxembourg?: Most cluster in Kirchberg. Rent runs ~50 EUR/sqft ($60 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in Luxembourg?: Typically trophy at $210–320/sqft.
How much office space per seat should a asset management occupier plan in Luxembourg?: Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?: Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in Luxembourg?: 88/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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