BNP Paribas Real Estate Advisory Luxembourg advised the sale of Immo Leu Real Estate SA - BNP Paribas Group in Luxembourg
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June 17, 2016 -

BNP Paribas Real Estate Advisory Luxembourg advised the sale of Immo Leu Real Estate SA

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BNP Paribas Real Estate Advisory Luxembourg advised the sale of Immo Leu Real Estate SA, a Luxembourg company holding the “Leon Laval 15” office building in Leudelange.

Immo Leu Real Estate

Immo Leu Real Estate

“Leon Laval 15” is located on the southern periphery of Luxembourg, between the Cloche d’Or district and Esch-sur-Alzette. Built in early 2000, it is a multi-let office with about 4,000 sq. m of office space. The building has consistently maintained a very good commercial state and occupancy.

François van den Branden, Head of Investment Belux at BNP Paribas Real Estate, says: “This transaction demonstrates the growing liquidity of the Luxembourg market beyond the central business district and decentralised districts and confirms the return of confidence for periphery markets.”

The purchaser is a Luxembourg family office active in the real estate industry.

BNP Paribas Real Estate Luxembourg exclusively advised the vendor throughout the entire marketing and selling process.