Savills : opens in Luxembourg with new agency team
September 15, 2016 at 04:13 am EDT
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International real estate advisor Savills has today announced the opening of a new office in Luxembourg which, after Brussels, will be its second in the Belux region. Since 2008, Savills has established a strong reputation within Belux's investment advisory market and has successfully developed its valuation and property management services. Savills has now recruited an experienced office agency team of four and from September 2016, the new Luxembourg based team will work alongside the Belgium office to provide additional leasing advisory and tenant representation services.
The Luxembourg team will be managed by Régis Luttmann, who has twelve years experience in the Luxembourg regional real estate market. Jonathan Morand and Thomas Winckel also join as account managers and will specialise in the office leasing and industrial and retail leasing markets respectively. Sophie Leblon joins as marketing and communications executive.
Gregory Martin, Managing Director of Savills Belux says: 'With existing vacancy levels at 4% and strategy occupier demand the Luxembourg office market has performed extremely well and many investors are focusing on this market, which offers plenty of potential. Through combining our excellent capital markets record with a highly reputable office agency team, we will offer the very best advice to our clients.'
Mark Ridley, CEO Savills UK & Europe, comments: 'As a key global investment centre, Luxembourg is very much on the map for our investor, occupier and landlord clients, and our entry into this market is in line with our growth strategy across Europe. Through close collaboration with our global network of specialists, we are confident that Savills will become the preferred real estate advisor in this region.'
Savills Luxembourg is based in the Cloche d'Or area, 20 rue Eugène Ruppert.
Savills plc published this content on 15 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 September 2016 08:13:06 UTC.
Original documenthttp://www.savills.co.uk/_news/article/72418/207837-0/09/2016/savills-opens-in-luxembourg-with-new-agency-team
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Savills plc is a United Kingdom-based global real estate services company. The Company operates through a network of offices in the United Kingdom, Europe, Asia Pacific, North America, Africa and the Middle East. The Company's range of services covers various segments, which include residential, office, industrial, retail, leisure, healthcare, rural and hotel property, and mixed-use development schemes. Its businesses include Transaction Advisory, Consultancy, Property and Facilities Management and Investment Management. The Transaction Advisory business stream comprises commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales. Its Property and Facilities Management business includes management of commercial, residential, leisure and agricultural property for owners. Its Consultancy business includes a range of professional property services, including valuation, project management and housing consultancy, and other.
SAVILLS PLC 
