New owner for the Fënsterschlass project of Luxembourg’s Grand-Duchy.
The Fënsterschlass project in Luxembourg’s city centre, on the corner of rue des Bains and rue Aldringen has been sold to a consortium of investors.
The project (allocated to Christian Bauer Associés Architects s.a.) will be carried out under the management of NC Management. The transaction was performed by an intermediary of INOWAI.
The Fënsterschlass project (www.fensterschlass.lu) is a joint project of 3.500 m2 including 700 m2 of commercial space, 500 m2 of offices, 18 luxury apartments and 28 parking bays. 10 apartments have already been reserved. The construction and general contracting will begin during the last quarter of 2015 and the unveiling is expected for the end of 2016.
The Fënsterschlass project, which is endowed with a historic facade, is a prestigious project which will be constructed with high quality material and will adhere to the strictest criteria and the minimum energy performance requirements and durability. It is ideally situated at the corner of rue Aldringen and la rue des Bains and looks out onto the boulevard Royal (via avenue Amélie), which runs along the municipal park, where the Hôtel le Royal is situated and various prestigious projects are under construction, namely the Royal Hamilius, the Royal20 and the Royal Grace.
DSM Advocates, Zimmer and Partners, Drees & Sommer have assisted in carrying out the transaction which has been financed by ING Luxembourg.
The marketing of the residential and commercial units has been carried out by INOWAI Residential S.A., LIVIN Real EstateS.àr.l. and BRICKS Solutions Immobilières S.à.r.l.
For more information:
NC Management S.àr.l
T +352 20 20 43 20
NC Management S.àr.l
NC real estate is a European property company which was established by NikCoenegrachts, specialising in office, retail, residential and new development investments, primarily in the Grand-duchy of Luxembourg and Belgium. The company’s mission is to create value in the field of property investments by going the extra mile and discovering the hidden potential, by means of profound analyses, better management, and simpler and more efficient processes in collaboration with ideally-composed teams.