CBRE Luxembourg closes 2025 with its second-best performance ever

In a context of slowdown in transactions, increased investor caution, and persistent market uncertainty, CBRE Luxembourg announces a close to the 2025 financial year with more than €9 million in revenue, recording its second-best performance ever since its creation in Luxembourg.

Two years after stepping into his role, Michaël Taelman, Head of of CBRE Luxembourg, takes stock of a particularly challenging year for the real estate sector in the Grand Duchy. The company highlights the strength of its teams, its ability to maintain strong commercial momentum despite market constraints, and the renewed confidence of its clients. “Although a recovery seems to be underway, 2025 was one of the most complex years for real estate in Luxembourg. And yet, we are achieving one of our best financial years ever. This reflects the strength of our team, the confidence of our clients, and the relevance of our strategic orientations,” comments Michaël Taelman, Country Leader of CBRE Luxembourg.

A key player in major market transactions

In 2025, CBRE Luxembourg confirmed its position as a leader in several key market segments, particularly office leasing, occupier leasing, capital markets, and retail leasing.

The Office Leasing activity was marked in particular by the largest corporate leasing transaction of the year, concluded with an American bank for nearly 14,000 m². In an environment where the issues of space, costs, energy efficiency, and flexibility have become central, CBRE Luxembourg reports that it has continued to support companies in highly strategic real estate decisions.

The company also highlights its role in several major capital markets transactions, as well as sustained momentum in activities related to occupier leasing and retail brands, including landmark transactions in the BeLux region.

A consolidated organisation and stabilised HR dynamics

Beyond its economic performance, CBRE Luxembourg is focusing on strengthening its internal structure and governance. HR dynamics have been stabilised, with turnover reduced to below 15%, a level in line with the standards of a market considered to be healthy.

This stabilization is part of a strategy of continuity and performance, driven by enhanced employer attractiveness, a clarified managerial organization, and a modernized corporate culture. The goal is to continue to offer a high level of execution while strengthening team cohesion and stability.

Towards 2026: accelerating growth in Private Wealth and maintaining strong momentum

Priority is being given to developing the Private Wealth segment, providing greater support to private investors on transactions between €1 million and €10 million, a segment with strong potential that is still relatively unstructured in Luxembourg. The company also wishes to strengthen its role in discussions related to the country's development, alongside institutional and public players.

Despite an international environment still marked by geopolitical uncertainty, CBRE Luxembourg is confident about 2026. Luxembourg continues to stand out for its political, fiscal, and economic stability, a key factor in its attractiveness to many international investors seeking visibility. “Luxembourg remains one of the most attractive environments in Europe. The predicted cataclysm did not occur in 2025, and I remain confident about 2026,” concludes Michaël Taelman.