Advised by our Occupier/Tenant Representation department, Antin Infrastructures Services Luxembourg II, a private equity firm focused on infrastructure investments, will be the first company to settle in the Bijou building in Cloche d’Or.
It is a few weeks before its delivery that the Bijou building was chosen by its future first tenant.
With a presence in the Grand-Duchy since 2015, Antin Infrastructures Services Luxembourg II is the Luxembourg branch of Antin Infrastructure Partners, a leading independent private equity firm based in Paris, London and New York that manages four funds, securing close to €15 billion in commitments from investors including co-investment and which has already made 24 investments across these four funds.
Until now, Antin was occupying a surface in the Kirchberg district. Sophie Le Saout, Chief Financial Officer at Antin explains why their choice turned to Bijou and Cloche d’Or: “We were looking for an office space large enough to accommodate our team and support our growth, as well as a location that would allow easy access for as many of our employees as possible, some of them being cross-border commuters. After careful consideration, the Cloche d'Or district and especially the Bijou building proved to be the most judicious choice”.
Bijou, one of the last Grossfled’s achieved building in the heart of the new Cloche d’Or area is a prime office development that clearly stands out from the others thanks to its unique façade based on a floral motif design. Certified BREEAM “Very Good”, Bijou provides a grade A office accommodation spread over six floors with unrivalled surfaces, offering flexible layouts and generously proportioned office spaces.
Guillaume Capellini, Consultant in the Occupier department at CBRE Luxembourg, confirms the growing interest of the market in the Cloche d’Or area: “The new Cloche d'Or development, well-connected and featuring landmark office buildings with bold designs such as the Bijou, has given a new dimension to the area. Demand for this district, which has been in constant evolution since the launch of the first developments in 2012, has been accentuated by an extremely low existing vacancy in the central districts. This is reflected today by a prime rent reaching 35€ m²/month. And it is probably not over yet, as the completion of all the developments is not expected before 2030... “.
On the way to becoming the new reference address for companies, Antin has joined the already long list of big names that have made the strategic choice of Cloche d’Or. And this is just the beginning.
About Antin
Antin Infrastructure Partners is a leading independent private equity firm focused on infrastructure investments.
Based in Paris, London and New York with fourteen partners and a total of more than 100 professionals, we manage four funds that invest in infrastructure in Europe and North America, and target investments in the energy and environment, telecommunications, transportation and social sectors with the objective of generating attractive risk-adjusted returns for investors through a combination of capital appreciation and cash yield.
www.antin-ip.com
About CBRE
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
In Luxembourg, nearly 30 employees have been advising our clients on commercial real estate for almost 10 years.
Please visit our website at www.cbre.lu
