Australia's Valad Property Group and Antwerp-based Valeres Project Developments have announced that telecommunications multinational Mach has taken a lease of the first building at the new Campus Contern business park project in Luxembourg. The co-developers described the letting of 2,900 m[sup]2[/sup] as ' a coup' as the building is still in the early stages of development.
Australia's Valad Property Group and Antwerp-based Valeres Project Developments have announced that telecommunications multinational Mach has taken a lease of the first building at the new Campus Contern business park project in Luxembourg. The co-developers described the letting of 2,900 m2 as ' a coup' as the building is still in the early stages of development.
Valad describes Campus Contern as a high-quality development close to the city and the airport that combines the benefits of convenient location and low rents compared to the city of Luxembourg and most of its periphery.
The second building on the business park of 2,900 m2 will be completed in September 2009. Marc Diver, CEO of Valeres Project Developments, commented: 'We are convinced that the development of Campus Contern as a green and agreeable place to work on a location easily accessible from France, Germany and the airport will soon attract more tenants.'
