Real Estate Blog

First foundation stone of KONS building (future head office ING Luxembourg) laid on 22 April!

April 22, 2015

Press release

On Wednesday 22nd April 2015 at 11 a.m. the foundation stone ceremony of the KONS project, a real estate project of 20,500 m², took place.  On the occasion of this, several key people from the political and economic worlds were present.  Out of these 20,500 m² of surface (soils excluded), 14,600 m² will be dedicated to offices, 2,400 m² to shops and 3,500 m² to housing.  The project is located in front of Luxembourg central station and just a few steps away from the future “Gare” tram stop.

During the ceremony, that has been honoured by the presence of Mr. Xavier Bettel, Prime Minister of the Grand Duchy of Luxembourg and Mrs. Lydie Polfer, Mayor of the City of Luxembourg, the importance of the project for the Gare area and the City of Luxembourg was highlighted by all the participants. Public authorities were welcomed by Mr. Rik Vandenberghe, CEO of ING Belgium, Mr. Luc Verbeken, CEO of ING Luxembourg, Mr Frank Koster, CEO of AXA Belgium, Mr. Johan Beerlandt, CEO of BESIX Group, Mr. Renaud Bentégeat, CEO of Compagnie d’Entreprises CFE and Mr. Gaëtan Piret, CEO of Immobel.

AXA Real Estate will be in charge of the asset management on behalf of AXA Belgium. They acquired the whole KONS project from IMMOBEL, BESIX RED and CLI in July 2014 under the condition the building is delivered and approved.  AXA Belgium was attracted by the exceptional location quality as well as the technical and environmental (BREEAM Excellent) performances of the project.

ING Bank, present in the Grand Duchy since nearly 55 years, has already pre-rented a surface of more than 10,000 m² in order to install its new Luxembourg head office once the work is completed at the end of 2016.