AG Insurance, represented by AG Real Estate, announces the acquisition of all shares in SRL ICN Printz J. Ch, owner of Printzipal, an innovative office building located in the heart of Luxembourg's Cloche d'Or business district.
Designed as a flexible, sustainable and people-centred workplace, Printzipal embodies a new vision of tertiary real estate.
A remarkable asset, designed for tomorrow
With a total surface area of nearly 6,100 m², Printzipal exceeds traditional office standards. The building combines modular spaces and premium services: an auditorium, a landscaped roof terrace with panoramic views, a fitness centre, outdoor relaxation areas and 48 parking spaces.
Designed by M3 Architectes and developed by ICN Development with Tralux Construction, Printzipal is certified BREEAM Excellent In Construction, WELL Gold and DGNB Gold, attesting to its environmental excellence and the quality of life it offers its occupants.
Spaces designed for businesses and their talent
Printzipal is more than just a workplace: it is an inspiring environment that combines innovation, comfort and sustainability thanks to:
- Modular spaces that allow businesses to adapt their organisation over time;
- Bright, connected spaces that encourage collaboration;
- Social areas – barista corner, garden, terrace – to encourage informal exchanges ;
- Smart technology to optimise comfort and energy efficiency.
A strong, international tenant base
Already approximately 75% leased, Printzipal is home to leading companies such as Tristan Capital Partners, Broad Street (Goldman Sachs) and ERI Bancaire, with a firm lease term of nearly 9 years.
The current marketing momentum suggests that the property will be fully occupied in the short term.
An acquisition in line with AG Real Estate's strategy
This transaction illustrates AG Real Estate's strategy of investing in assets that combine rental security, sustainable attractiveness and potential for value creation.
"With the acquisition of Printzipal, we are adding an exceptional core asset to our portfolio: an iconic building combining innovation, sustainability and well-being, designed for the working environments of tomorrow. Fully aligned with our investment strategy, this acquisition illustrates our commitment to attractive markets such as Luxembourg and our ambition to build a sustainable, value-creating and forward-looking portfolio. " says Tatiana Posa, Head of Transaction at AG Real Estate.
We completed this transaction with the advice of Linklaters, whose expertise contributed to the success of this operation.
