Office space in Luxembourg's historic old town
The office building 3-5, Rue Plaetis is situated in the beautiful old area of Luxembourg, the Grund district directly at Alzette river. It was completely refurbished in 2006 and offers since approx. 3,500 m² of modern office and archive space as well as 47 underground parking spaces. Those who work at 3-5, Rue Plaetis like to spend their lunch break in the spacious garden area, directly adjacent to the Alzette. The Grade A office property is well let on a long-term basis.
Key Facts
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Grade A listed office building
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Full refurbishment in 2006
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Approx. 3,500 sqm office and archive space
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47 underground parking space
Exceptional location
The Grund is one of the oldest districts of Luxembourg City – and anything but an average office location. Characterised as a residential district, its flair is mainly due to the lush greenery and its direct location on the picturesque little river Alzette. The site is connected to Luxembourg's modern "upper city" via a public lift, which makes it easy to reach the uptown in only a few minutes time.
Exceptional added value
Unlike other market participants, we were straight away convinced of the exceptional potential of the location and the property. Due to our local presence and our solid network, we were able to win one of the most valuable tenants in the market for the property – the State of Luxembourg. Thus, the refurbishment plus the new leasing contributed to achieving exceptional value when selling 3-5, Rue Plaetis, redefining the "benchmark" for core properties in Luxembourg anew.
