The three villas at 59 Boulevard Royal, built from 1891 onwards on the site of the former fortifications, are now home to BGL BNP Paribas Private Banking. (Photo: BGL BNP Paribas)

The three villas at 59 Boulevard Royal, built from 1891 onwards on the site of the former fortifications, are now home to BGL BNP Paribas Private Banking. (Photo: BGL BNP Paribas)

Having previously housed the House of Finance and then the Lux Future Lab (BGL BNP Paribas’s start-up incubator), the Maison Servais and its two neighbouring villas on Boulevard Royal are now home to the bank’s private banking division, which has carried out a comprehensive renovation of the complex, a listed national monument.

Listed as a national monument, the complex was never intended to become an ordinary bank. The project, led by Fabeck Architectes in collaboration with the City of Luxembourg and the National Institute for Architectural Heritage, focused on restoration rather than transformation: wood panelling, glass roofs and interior ornamentation have been preserved or faithfully restored, whilst the outdoor spaces have been landscaped to resemble the original villas. The Maison Servais, the most iconic of the three, was designed in 1893 by the architect Pierre Funck for Émile Servais (a detail that gives an idea of the scale of the project the bank has chosen to undertake).

The building also houses works from the BGL BNP Paribas art collection, which are displayed on a rotating basis (featuring both Luxembourgish and international artists). On the corner of the Maison Servais, the monumental weather vanes by the French sculptor Philippe Hiquily come to life in the breeze, visible from the Adolphe Bridge. This move is part of a wider reorganisation within the bank: its head office teams have relocated to SeKoia, the new campus in Kirchberg, whilst the Private Banking division is settling into these three historic villas on Boulevard Royal.