Commercial Real Estate in Luxembourg: Offices, Retail and Mixed Use

• Commercial leases are largely negotiated freely, with indexation clauses linked to a consumer-price index.
• Break options and renewal rights vary.
• Corporate tenants focus on energy class and parking.
• Retail leases usually require compliance with commercial permits.

Obtain the lease schedule, service-charge history, building permits, and evidence of compliance with fire and accessibility rules. Compare cash yield with residential options on the apartment page, and read the Luxembourg consultation guide and financing page. Land is listed separately under land.

Luxembourg banks lend to commercial buyers on conservative loan-to-value terms, typically requiring a meaningful equity contribution and evidence of rental income. Foreign investors usually need a track record or a local company with proper accounts. Interest-rate hedging is common because rate swings strongly affect yield. Prepare a business plan, a lease schedule and valuation reports before approaching banks, and allow time for credit committee approval. Cash buyers can move faster, but still need an anti-money-laundering file for the notary, with proof of the source of funds.