How many Class A submarkets are in Luxembourg?

5, ranging from trophy (Kirchberg) down to established and emerging clusters.

Luxembourg has 5 distinct Class A submarkets we track, anchored by Kirchberg at the trophy tier.

5 submarkets covered.
Trophy tier: Kirchberg, Centre Ville.
Prime tier: Gare District, Cloche d'Or.
Established/emerging tier: Esch-Belval.

Luxembourg Class A submarkets

Luxembourg has 5 distinct Class A submarkets we track, anchored by Kirchberg at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Kirchberg, Centre Ville.
Prime tier: Gare District, Cloche d'Or.
Established/emerging tier: Esch-Belval.

By tier

**Kirchberg** (trophy, ~€56/sqm/mo · ≈ $67.4 PSF/yr USD) — EU institutional and finance trophy core. **Centre Ville** (trophy, ~€54/sqm/mo · ≈ $65 PSF/yr USD) — Historic CBD and private banking core. **Gare District** (prime, ~€44/sqm/mo · ≈ $53 PSF/yr USD) — Trophy expansion at the central station. **Cloche d'Or** (prime, ~€40/sqm/mo · ≈ $48.2 PSF/yr USD) — Suburban Class A campus belt. **Esch-Belval** (established, ~€28/sqm/mo · ≈ $33.7 PSF/yr USD) — South alternative Class A frontier.

Key facts

city	Luxembourg
country	Luxembourg
region	EMEA
classARentLocal	50 EUR/sqft/yr
classARentUsd	$54/sqft/yr
vacancy	4.8%
typicalLeaseYears	9
typicalRentFreeMonths	6
submarkets	5
primeYieldPct	4.8%
trophyCount	2
primeCount	2

Frequently asked questions

How many Class A submarkets are in Luxembourg?: 5, ranging from trophy (Kirchberg) down to established and emerging clusters.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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