Press Release

CBRE Luxembourg to market Idesya in Belval, a residential project developed by Perrard Development S.A

February 17, 2023


Media Contact

Joanne Wrobel

Marketing & Research Manager

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CBRE Luxembourg is very pleased to announce the launch of the commercialization of the first phase of the Idesya residential project development in Belval, developed by Perrard Development S.A., and consisting in 40 private apartments.


Located in the heart of Belval in the future Square Mile district, the IDESYA real estate complex is an innovative project that aims to make the principle of living together a reality.

The Place to Live

Belval, the historic home of Luxembourg's steel industry since 1911, has become in a few years the emblematic site in the Grand Duchy of Luxembourg offering a comfortable place to live, work, study and shop.

In the heart of Belval, the IDESYA complex is favored by its proximity to the cities of Luxembourg and Esch-sur-Alzette. Its location in the Square Mile district, where services and amenities are within walking distance, makes IDESYA "The Place to be". Close to a park, equipped with schools, a shopping center, a cinema, a concert hall and other local services, as well as the University of Luxembourg, Belval embodies modern urban life, an innovative mix of services and structures for a lively and healthy daily life.

Urban balance

Thanks to the vision and expertise of Perrard Development S.A., the buildings have been designed to judiciously combine private housing and common living spaces. Spread over a total surface area of 17,800 m² and organized around 3 cores, IDESYA will eventually offer 90 private apartments, studios and duplexes with 1 to 3 bedrooms, 126 'co-living' units with shared living spaces, from studios to 1 bedroom, as well as 7 spaces dedicated to shops and offices, as well as 200 parking spots and 228 bicycle spaces. All of this will be enhanced by services and shared living spaces for all residents.

Sustainable design

Imagined by the group EIFFAGE and the architects Dietrich | Untertrifaller Architectes (AUT) for the design and BFF... (Beiler François Fristch) for the realization, the IDESYA project is an eco-designed concept by excellence, resilient and developed in a logic of circular economy and sustainable energy, which will be equipped among other things with photovoltaic panels, green roofs but also a suspended garden and a urban farming area on the roof shared by the residents.

The project will also integrate an architecture designed to guarantee thermal comfort and privacy while offering a lot of light, thanks in particular to large glass surfaces (triple glazing).


About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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. Please visit our website at