SEB Chooses JLL Luxembourg for Premium Office Development

SEB has recently completed its transition to the Royal Park building, a renowned landmark in Luxembourg city that has undergone a complete renovation. The bank now occupies a 1,157 sqm floor in this prime location, recognized for its sustainability and superior office facilities.

The building is recognized as "Excellent" by BREEAM, the world standard for sustainability credentials. This prestigious certification places the Royal Park among Luxembourg City's most environmentally responsible office buildings.

Moreover, the Royal Park's location adds to its appeal. Situated in Luxembourg city, the building provides excellent visibility and accessibility. It is strategically positioned in a representative area, known for its prominence and prestige. The location offers easy access to major transportation hubs, amenities, and key business districts.

As a leading northern European financial services group, SEB aimed to enhance its workplace design and image by securing a premium quality office space. The modernized Royal Park building provides an outstanding environment for SEB, to the benefit of customers, employees and the bank’s growth strategy.

Despite a challenging market with limited options, JLL Luxembourg's multidisciplinary team successfully secured this premium office space in the most representative area. JLL’s end-to-end service included extensive market research, financial analysis, and comprehensive support throughout the commercial and technical negotiations.

Tétris, our dedicated team specializing in design & build, and furniture solutions, played a crucial role in ensuring the successful completion of the project. To ensure a seamless transition for SEB into their new premises, the detailed design and execution were expertly handled by the Tétris team.

For SEB, it is essential that every office, regardless of its location, offers a similar experience and represents its values and identity. Therefore, Tétris experts paid special attention to every detail and carefully selected materials to meet the highest quality standards. The final result is in line with the client's expectations, creating a warm and Scandinavian atmosphere conducive to the well-being of the employees.

According to JLL's survey on the future of work, conducted in collaboration with renowned industry experts, financial services companies are increasingly focusing on workplace strategies that enhance productivity, employee well-being, and foster collaboration. We have found that flexible workspaces, modern office designs, and sustainable buildings are key factors that drive employee satisfaction and attract top talent in the financial industry.

Furthermore, JLL's commitment to sustainability aligns with the growing emphasis on environmental responsibility in the financial sector. Our research, such as the JLL Global Sustainability Perspective report, highlights the importance of eco-friendly buildings and the positive impact they have on both the environment and the well-being of occupiers. We actively support financial services companies in securing sustainable office spaces, and the Royal Park building, with its "Excellent" BREEAM certification, is a prime example of our dedication to this cause.

Emna Rekik, country lead of JLL Luxembourg, emphasized the project's significance, stating, "This development represents our commitment to building long-term relationships with our valued clients and supporting them in all stages of their real estate projects. With SEB, we embrace the values of commitment, collaboration, and excellence.Moreover, this achievement reflects the long-standing relationship between SEB Group and JLL, showcasing our shared ambition to achieve great things together."

Ole Hamre, country manager of Skandinaviska Enskilda Banken AB (SEB) "The choice of the Royal Park building is part of the group’s ambition to achieve high customer satisfaction and maintain strong employee engagement. JLL's team has clearly understood our challenges and expectations thanks to our long-term collaboration. This development is an exciting milestone in our local growth."

In summary, SEB's relocation to the sustainable and strategically located Royal Park building, with the support of JLL Luxembourg and Tétris, showcases SEB's commitment to customer satisfaction, employee engagement, and their growth ambitions within the banking sector.