Developed in 2021 by Lafayette, the SHOW office building comprises approx. 8,961 square metres of lettable space spread over 6 floors, including 2 underground parking levels with a total of 104 parking spaces. Thanks to its contemporary L-shaped design, the property blends in with the modern architecture of the neighbourhood. Outside, the building is surrounded by elaborately designed outdoor facilities and a green inner courtyard. The building features numerous ecological measures, such as energy-efficient triple-glazed windows, LED lighting, integrated sun blinds, a rainwater utilization system and 10 charging stations for electric cars. Thanks to the high ESG-standards in the project development, the building was certified BREEAM ‘very good’ upon completion.
The ‘Rue de Bruyeres 60’ property is centrally located in the municipality of Howald, which merges seamlessly with Luxembourg City and is currently developing rapidly from a traditional industrial and retail location into a flourishing mixed-use neighbourhood. The immediate proximity to the A3 motorway and the new railway station provide access to Luxembourg City's tram and tram-train system.
CREAG was supported by Catella IM Benelux B.V.(CIMB) on transactional advisory. Stibbe, Drees & Sommer and Deloitte advised on legal, technical and tax matters on this transaction.
Source: catella.com on the 29th of January 2025
https://www.catella.com/en/germany/news-and-press-releases/press-releases/2024/catellas-fund-platform-sells-office-building-in-luxembourg-for-the-fund-sarasin-sustainable-properties---european-cities