July 20, 2022 • Real estate market

The ‘Ultimate’ building in Bonnevoie fully let

MONCEAU ASSURANCES, the owner, and SQUARE METER, the asset manager of the ULTIMATE office building, welcome a new tenant to this prestigious property.

Facilitated by the real estate playerINOWAI, the transaction resulted in the Grand Duchy of Luxembourg leasing the entire building located at 1 rue du Dernier Sol in Luxembourg-Bonnevoie for various associations, marking the culmination of this large-scale project.

ULTIMATE consists of 4 upper floors and 2 basements, offering approximately 6,550 m² of office space, nearly 500 m² of archives, and 59 indoor parking spaces. Its unique wing-shaped design, elegant grey and brown façade interspersed with numerous glass elements, reflect the meticulous architectural details that provide the building with a unique identity.

Certified BREEAM Excellent, it ensures optimal comfort for occupants. “In the current context where the energy market is both tense and uncertain, stakeholders are increasingly aware of energy issues and wish to operate in buildings with optimal environmental performance. The ULTIMATE building also meets high ESG criteria, which play an important role in the decision-making process,” states François SINDIC, Consultant Office Agency at INOWAI.

The strategic location of the building, on the edge of Bonnevoie and in close proximity to the station district, offers excellent public transport connections and exceptional visibility. This prime position is further enhanced by the recent arrival of the tram, bringing significant dynamism to the area. The surrounding environment already offers a variety of services (restaurants, sports facilities, shops, supermarkets, etc.) to meet all the occupants’ needs.

Undergoing significant transformation, Bonnevoie also benefits from large real estate projects under construction or in preparation, further strengthening the development of the neighbourhood. This transaction highlights the growing attractiveness of this burgeoning area.

INOWAI‘s mission does not stop here, as the Property Management team has been entrusted with the management, optimisation, and enhancement of ULTIMATE.

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