The “10 Charlotte” building was designed by the architecture firm KSP Jürgen Engel Architekten and developed by Iko Real Estate in 2013. It has just been acquired by the institutional investment fund GLL Real Estate Partners, part of the Macquarie Group.  Previously, the building belonged to Ceryx, which is 100% owned by AG Real Estate and its subsidiary Mosella Consult. 

GLL Real Estate Partners was advised on this transaction by JLL Capital Market Belux. With this sale, JLL has completed its sixth transaction in Luxembourg since the start of the year, following Kennedy B in Kirchberg, Altitude in Leudelange, a Caixa deal, Belval Plaza and Aire. This transaction signals the continued attractiveness of Luxembourg for foreign investors, who have been repurchasing properties that are already leased. 

The “10 Charlotte” building has approximately 5,000m2 of office space, which is let by business law firm Clifford Chance.

This article was originally published in French by Paperjam and translated for Delano