On Thursday 12 November 2026, Swiss banking group Lombard Odier announced that it had marked a construction milestone for its future European headquarters in Luxembourg-Gasperich, following a topping-out ceremony at The Terraces development by Grossfeld.
The ceremony took place in the presence of Luxembourg's Minister of Finance Gilles Roth, Lombard Odier Europe SA CEO Jessica Rabut and representatives of Grossfeld and Promobe.
Lombard Odier announced the relocation project in January 2026, confirming plans to move its Luxembourg-based Private Clients, Asset Management and Technology & Operations entities to the new premises by the end of 2027.
The building, located between Boulevard de Kockelscheuer and Rue de Mercator, will accommodate approximately 300 employees. Lombard Odier will be its sole occupant under a long-term rental agreement with Grossfeld, a joint venture between Promobe and Nextensa.
The new headquarters will comprise six levels, each providing access to green terraces. The development aims to meet BREEAM and WELL sustainability certification standards and will offer flexible working spaces designed to encourage collaboration.
The location also provides access to tram services, public transport and major road connections.
Lombard Odier has operated in Luxembourg since 2010 and currently occupies premises at 291 Route d'Arlon in Luxembourg-Belair.
Commenting on the group's commitment to Luxembourg, Jessica Rabut said: "In many respects, Luxembourg shares a rare characteristic with Switzerland: demonstrating that a country can exercise influence far beyond its size when it invests in expertise, cultivates openness, knows how to continually reinvent itself while maintaining a long-term vision."
"These are qualities to which we are deeply attached. They explain why we have chosen to invest here and why we are convinced that our European future belongs in Luxembourg. This building is the concrete expression of that commitment," she added.
The relocation follows the inauguration of Lombard Odier's new global headquarters in Geneva in 2025 and forms part of the group's long-term development strategy in Luxembourg.
