The fair’s aisles are not as packed as usual, even though the major players are here. This trend was also evident on the Luxembourg stand, where the group was well-stocked without being exceptional.
For the occasion, , president of the Chamber of Commerce, took the floor and expressed his hopes that “the sector will quickly regain vitality in 2025.” He also praised the government’s commitment to helping professionals emerge from this difficult period, while pointing out that transaction volumes remain limited. “The attractiveness of Luxembourg no longer needs to be demonstrated, but we now need to take action and accelerate the development of new projects,” he said. “Our challenge is also to protect our market and avoid bankruptcies in the real estate sector.”
Lydie Polfer, mayor of the City of Luxembourg, spoke of Luxembourg’s assets, including its multiculturalism, its quality of daily life and its resilience in an unstable world. “We are also developing a working spirit that is open and ready to find solutions. That’s why we’re here to listen to you, but also to encourage you in the projects you want to develop.”
Finally, Polfer recalled that the City of Luxembourg has been involved in development projects when investors were lacking and has thus enabled projects to see the light of day. However, no ministers were in attendance. This would have been a good signal for the sector and an additional sign of support.
This article in French.