Immobel acquires Strassen office building (LU)

Immobel acquires Strassen office building (LU)

Immobel Luxembourg has acquired Thomas S.A., owner of the administrative building located at 1 rue Thomas Edison in Strassen. Situated in the neighbourhood currently undergoing complete redevelopment, the building benefits from excellent visibility and immediate proximity to Route d’Arlon. The property compromises 5,700m² of GLA and is 90% leased to LIH - Luxembourg Institute of Health, BOS - Business Office Services, and Patiente Vertriedung.

 

Through this acquisition, IMMOBEL Luxembourg is showing its capacity to invest in diversified projects in the interest of extending the lifecycle of its portfolio, positioning itself as a truly versatile player in the chain of real estate operation in Luxembourg. The property was sold by a private seller. The transaction was handled by INOWAI. The purchase price was not disclosed.

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