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Last updated : 02/11/2026 - 11h06
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Nextensa: a financial institution leases 4,260 m² in East Corner at Cloche d'Or

Grossfeld, the joint venture formed by Promobe and Nextensa, announced on 2 November 2026 the arrival of a new financial institution in the East Corner office building, at Cloche d'Or (Luxembourg). The occupant will have 4,260 m² in a building that has not yet been delivered.


Nextensa: a financial institution leases 4,260 m² in East Corner at Cloche d'Or

A new occupant alongside State Street, Lombard Odier and Citi

The lease concerns the East Corner building, located at the entrance to the Cloche d'Or district in Luxembourg. The project is being developed by Grossfeld, a joint structure of Promobe and Nextensa, which the press release describes as the main player in the development of this mixed-use district for more than 20 years.

The tenant joins financial institutions already established in the area, including State Street, Lombard Odier and the bank Citi. According to Grossfeld, this arrival strengthens Luxembourg's Central Business District (CBD), with Cloche d'Or presented by the developers as the country's new financial hub.

A rent of €46.5/m² per month on a firm 9-year lease

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The new occupant will have 4 floors of the building, at a rent set at €46.5/m²/month. The lease term is 9 years firm.

The commitment concerns a building scheduled for delivery at the end of March 2028. The leased area should be compared with the approximately 7,750 m² of floor area above ground that the building will provide.

A building designed by 3XN, targeting BREEAM and WELL certifications

Designed by the architecture firm 3XN, East Corner will also include 1,900 m² of underground space and will offer flexible office spaces. The BREEAM Outstanding, WELL Core Gold and LBCI certifications are planned for the project.

The Cloche d'Or district, for its part, holds the DGNB Platinum certification. Nextensa, an investor and property developer also present in Brussels with the Tour & Taxis site, is a member of the holding company Ackermans & van Haaren.



Sector Foncières / REITs › Immobilier commercial / foncières


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 25,8 millions d'euros
  • Quarterly revenue: 25,8 millions d'euros
  • Net income: 16,9 millions d'euros
  • 550,3 millions d'euros
Risks mentioned
  • Baisse des revenus locatifs au portefeuille d'investissement et recul des loyers à périmètre constant de 5,7 % au premier semestre 2026
  • Anticipation de l'arrivée de Proximus sur le site de Tour & Taxis impactant les revenus futurs
  • Dépendance aux cessions immobilières (Gewerbepark Stadlau, The Rock, B&B Hotels, The Stairs) pour la génération de résultats
Opportunities identified
  • Permis d'urbanisme et d'environnement obtenus pour Lake Side à Bruxelles ouvrant les voies au développement
  • Réservation d'une part résidentielle importante de Bel Towers par Vicinity témoignant d'une demande forte
  • Amélioration de la situation financière avec réduction de la dette nette de 42,5 M€ et ratio d'endettement amélioré

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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