Prime rent of office real estate in Luxembourg 2013-2023
The prime rent for office real estate in Luxembourg has increased steadily since 2013. The average rental rate reached 600 euros per square meter in 2017, up from 480 in 2013, followed by a four-year period of rents stabilizing. In 2021, the annual rent of prime office space rose to 660 euros per square meter and in 2023, it remained unchanged. In Europe, London, Paris, and Milan were the markets with the most expensive rents.