Avenue Monterey

Avenue Monterey 40, 2163 Luxembourg, LU

40 Avenue Monterey is a modern multi-let office property in a central location within Luxembourg City’s Central Business District. The property provides approx. 5,950 sq m of lettable area, divisible office accommodation and 48 underground parking spaces.
Completion
2004
Asset class
Office
Rental area
Approximately 5,950 sq m
Certification
BREEAM “Very Good”
Project location map

Project Description

Location

40 Avenue Monterey is situated in the Ville Haute district in the heart of Luxembourg City, approximately 150 metres from the municipal park and only a few minutes’ walk from the pedestrianised city centre. The immediate surroundings are characterised by a multi-storey urban environment comprising both office and residential uses. Luxembourg is an internationally important financial centre and home to numerous European institutions and international businesses.

The central location benefits from excellent connections to public transport and the wider regional transport network. A bus stop served by several routes is approximately one minute’s walk from the property. Luxembourg Central Station is around three kilometres away, while Luxembourg Airport is approximately ten kilometres from the building. The A4 and A1 motorways are also within easy reach.

The immediate area offers a wide range of restaurants, cafés, supermarkets, bakeries, pharmacies and other retail amenities. Boutiques and prestigious international brands further underline the property’s prime city-centre location.

Property

Completed in 2004, 40 Avenue Monterey is a multi-let office ensemble comprising several interconnected building elements. These include a principal building with a set-back upper floor, a connecting structure, a distinctive six-storey rotunda-shaped office tower and a further adjoining building. Three basement levels accommodate storage areas and the underground car park.

The upper floors are predominantly used as office accommodation. The building configuration enables the floors to be subdivided into multiple lettable units, supporting a variety of workplace and occupational concepts. Good levels of natural daylight and ventilation contribute to a pleasant working environment.

The main entrance is located on Avenue Monterey, while the underground car park is accessed from Boulevard Joseph II. The property also benefits from a well-maintained landscaped garden offering attractive outdoor amenity space.

Specification and Amenities

40 Avenue Monterey offers a contemporary specification, including:

  • approximately 5,950 sq m of lettable area, including around 5,190 sq m of office accommodation
  • flexibly divisible office floors
  • three stairwells and passenger lifts
  • full air conditioning
  • building management system
  • fire alarm system
  • LED lighting installed throughout most of the property
  • internal areas featuring real-wood finishes
  • landscaped outdoor amenity space
  • 48 underground parking spaces
  • 23 electric vehicle charging points; basement parking level −1 is fully equipped for electric vehicle charging

Sustainability and Mobility

The sustainable enhancement of the building forms part of the active asset management strategy. Technical improvements already implemented or planned include the installation of LED lighting, the replacement of control components within the heating, ventilation and air-conditioning systems, and the modernisation of the building’s heat generation system.

With 23 electric vehicle charging points, 40 Avenue Monterey provides well-developed infrastructure for lower-emission mobility. The property also benefits from excellent public transport connectivity. Public transport throughout Luxembourg is available free of charge.

The building has achieved BREEAM “Very Good” certification. According to the assessment documentation, the certification was undergoing an update or renewal at the end of 2025. Prior to publication, it should therefore be confirmed whether an updated certificate has since been issued.

Project Details

  • Address: 40 Avenue Monterey, L-2163 Luxembourg, Luxembourg
  • Principal use: Office
  • Year of construction: 2004
  • Lettable area: Approximately 5,950 sq m
  • Office accommodation: Approximately 5,190 sq m
  • Storage accommodation: Approximately 760 sq m
  • Site area: Approximately 2,210 sq m
  • Underground parking: 48 spaces
  • Electric vehicle charging points: 23
  • Building structure: Multi-let office ensemble
  • Certification: BREEAM “Very Good”