PwC Luxembourg to be the tenant of the new office campus developed in the Cloche d´Or district

Didier Van Den Eynde

John Parkhouse, the CEO of PwC Luxembourg, has just confirmed the rumor that the company will leave the Crystal Park office building they currently occupy when their lease ends. According to report the move is planned for May-June 2027. PwC will lease the entire office campus and related facilities being developed by Atenor in Luxembourg on the site currently occupied by the Renault dealership in the heart of the Cloche d´Or business district. This office campus is located a few meters from the company’s current office. It is composed of four buildings with a total surface area of 33,500 m². The new campus will merge into the urban fabric through walking areas, rest and work areas. It will include a soft mobility hub.

Atenor has great ambitions for this campus aiming at ingenious architecture and groundbreaking design. The company has therefore mandated the team of architects Moreno Architecture and A2M Architecture. The office campus will be sustainable, smart and innovative. From design to operation the development will be aligned, to meet EU Taxonomy objectives. It is seen by listed real estate companies such as Atenor as an important and much promising tool provided by EU to help reorient capital flows towards long-term, environmentally sustainable economic activities for the low-carbon economy targeted by 2050.

In a previous press release, Atenor announces that the lease to PwC is at market rate for a minimum of 15 years from the time the buildings are delivered in 2027. The building permit will be submitted during the first half of 2022. In accordance with its business model, Atenor has announced that it will offer this project for sale as soon as it receives the building permits.

Currently there is no available information regarding who will take over the Crystal Park offices, now fully owned by Société Générale.