Prism building in Cloche d'Or; Credit: Eaglestone Luxembourg

Eaglestone has announced that it agreed to let around 70% of the new Prism building to worldwide commercial real estate group CBRE, which selected Prism in the Cloche d'Or district as its Luxembourg “CBRE House”.

Despite the challenges currently facing the property sector, Eaglestone Luxembourg noted 2024 got off to a positive start. Despite its advantages, Prism was one of the projects that the developer considered an “occupancy risk”. Eaglestone added that the focus on environmental, social, and governance (ESG) factors brought together and aligned the interests of all parties involved.

With its Prism project, Eaglestone stressed that it optimised an atypical plot of land. Prism emphasizes brightness and innovation. Its unique triangular design maximised the glazed area, filling its 4,780 m² of office space with an abundance of natural light. This feature contributes to the high score of 91.4% for the “point Daylighting” requirement in its Breeam Certification.

On taking possession of the premises, Frank Rosenbaum, Managing Director of CBRE Luxembourg said: “This is not just an office rental, this is the CBRE House Experience coming to life! Under one roof, it will bring together the teams of two sister companies, CBRE S.A. and CBRE GIA (Global Investment Administration), representing no fewer than 150 employees. ‘You may go faster on your own, but together we go further’ - this saying sums up, in a nutshell, the CBRE Community’s determination to ally intelligence and knowledge in order to reach a common goal.”

CBRE specified it aims to provide innovative and collaborative office spaces, exemplified by its focus on Prism's design, including a panoramic terrace on the glazed fourth floor and offering striking views for meetings and relaxation, fostering creativity and decision-making among staff, clients and partners. With respect for the environment and the well-being of all employees, CBRE stressed its particular focus on ESG criteria. The layout will also be designed to provide comfortable workspaces encouraging interaction.

Frank Rosenbaum added he is also looking forward to organising both inside and outside events there, where the magnificent sunsets over the Luxembourg hills will serve as the backdrop.

As Eaglestone correctly anticipated when purchasing the land, one of the most significant criteria in choosing Prism was its location in Cloche d'Or. With the majority of its workforce being French or Belgian border workers, CBRE had to focus on a point where the motorways from the two countries converge. Already benefitting from its proximity to the new free P+R service and well served by public transport, Prism’s mobility needs were answered. CBRE also added it is considering the purchase of several shared bicycles and/or electric cars to make business travel easier for its employees.

Prism is a highly technical building designed on a triangular site. The Eaglestone team collaborated with architects from Assar, teams from Thomas & Piron, and design offices from CES and LuxCEC, as well as external service providers.

Matthieu Leyder, Head of Design and Build at Eaglestone, commented: "Despite the complicated macro-economic context, we were able to complete this magnificent project smoothly and serenely, thanks in particular to our excellent collaboration with all the project managers and contractors.”