RealCorp Luxembourg Company History
Founded in 2001, RealCorp Luxembourg at first provided traditional commercial real estate services. We acquired a deep understanding of the sector and created a network of property contacts. As funds and complex property-holding structures developed, the worlds of real estate and finance were increasingly linked. Managing Director Michael Chidiac saw the need for hybrid skills to link the bricks-and-mortar view of property with tax-aware, financial understanding of asset and portfolio management.
To address the service provider shortfall and create more professionalism in existing services, Michael strategically added competencies to enable diversification. These included development advisory, valuation, capital markets and asset management.
RealCorp Luxembourg’s lean, flexible structure and focus on transactional and advisory business enabled us to provide valued services during the two recessions of the past ten years. This established us as a player in Luxembourg’s real estate and financial communities.
RealCorp Luxembourg was strongly associated with King Sturge from 2001 until the latter’s merger with Jones Lang Lasalle in June 2011. This assocation enabled us to develop good international relationships with other property experts. It also encouraged in our team a global perspective and a worldclass level of service that is highly valued by both local and international clients.