Market Intelligence
Luxembourg Real Estate Market Outlook 2023
What's in store for Commercial Real Estate in 2023?
February 12, 2023

Looking for a PDF of this content?
In 2023, real estate markets should emerge from this period of uncertainty. No major changes in Investment market dynamics are expected until the second half of 2023. Occupiers are demanding ESG space, with an equal enthusiasm coming from the ongoing office project developments. Retail demand will continue to be stable in 2023 thanks to strong socio-economic fundamentals. Residential is expected to see a decrease of activity, with sales declining and commercialization times lengthening, though the case for more diversity in housing options, such as coliving, will strengthen.
Contacts
Kim Verdonck
Executive Director – Head of Research, Marketing & IT Development
Related Services
Achieve better outcomes through innovative property sales, debt & structured finance and real estate investment banking solutions.
Use the world’s most comprehensive real estate services platform to find innovative solutions for your needs as a corporate occupier or office investor.
With integrated solutions, unique insight, and unmatched experience, we deliver successful outcomes for retailers, restaurateurs, investors, owners, a...
We represent the largest industrial real estate platform in the world, offering an integrated suite of services for occupiers and investors.
Unlock the potential of your residential real estate with expert investment, financing, valuation, due diligence, design, management and leasing strat...