LEASED: Period property Rue Pierre d’Aspelt

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RealCorp Luxembourg LEASED: Office in Rue Pierre d'Aspelt, Luxembourg City: Ville Haute - CBD

Property in Luxembourg City: Ville Haute – CBD

Garden of the new home of Sistema Finance in Rue Pierre d'Aspelt
Garden of Sistema Finance’s new home

This graceful building in Rue Pierre d’Aspelt, surrounded by greenery, enjoys the choicest location in Luxembourg CBD. Owned by a local private landlord, this late-19th century period property has a large private parking area with several external car bays.

The area is known for the British and French Embassies and several legal firms including Clifford Chance and AKD. Also, it offers easy access to banks, business hotels and other services. Leisure facilities nearby include several restaurants, as well as the attractive and relaxing Parc Edith Klein.

New Occupant: Sistema Finance

The new tenant of this lovely space is Sistema Finance S.A. (Luxembourg), the international holding platform of Sistema PJFSC, the largest public investment holding in Russia.

Sistema PJSFC is a diversified conglomerate with an impressive investment track record, benefiting from strong expertise in more than 15 sectors. Sistema PJSFC is listed on the London and Moscow stock exchange. It has been the preferred partner for institutional foreign capital investing in Russia for more than 25 years. It is also one of the largest owners and managers of real estate in Moscow.

Why Move to Rue Pierre d’Aspelt?

Due to the acquisition of other companies, Sistema Finance needed to relocate. Therefore, they wanted to move from their previous offices in Avenue Monterey to larger and higher quality offices in the vicinity.

Transaction Info

RealCorp had let to Sistema in the past. Thus it was logical for them to entrust us to find suitable new offices. They confirmed their interest in the Pierre d’Aspelt property shortly after it was put on the market.

Accordingly, we were able to offer them a long-term lease assignment with IQ-EQ Luxembourg.

Important Dates

The contract was signed in July 2020, with an effective date of September 2020. So this month we celebrate the change and wish Sistema a smooth move into their new, attractive and more spacious offices.

How can RealCorp help you?

Contact RealCorp for more information about this property:

+352 26 27 29

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