Lexology In-Depth: Real Estate Law provides an invaluable overview of how key real estate markets across the globe operate and how they react to major world events. With a focus on recent developments, it analyses the legal and tax frameworks governing real estate ownership and transactions in each jurisdiction, while also offering an incisive outlook of potential future trends.

Our authors provide an in‑depth analysis of the Luxembourg real estate market, offering insights into market dynamics, foreign investment trends, investment vehicles and related developments. They observe that the transaction market in 2025 performed below expectations, mirroring the broader slowdown across Luxembourg’s investment landscape. Market activity remains subdued, with volumes still below the 10‑year average.

Nevertheless, the outlook for 2026 is more positive. Our team anticipates a gradual recovery, even as financing constraints and a persistent housing shortage continue to shape the market. In terms of asset management, investors are expected to maintain a strong focus on assets that align with environmental, social and governance (ESG) criteria.

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Lexology In-Depth: Real Estate Law

Luxembourg chapter