The traditional topping-out ceremony for "The Terraces", the future European headquarters of the Lombard Odier banking group, took place on Thursday in the Cloche d'Or district. The event, attended by Finance Minister Gilles Roth, allowed the project's developer, Grossfeld, to showcase the building's key features just months before its scheduled completion.
Lombard Odier, a group specialising in wealth and asset management, will occupy the six-storey building, which has a total floor area of 4,900 square metres. The design emphasises sustainable construction, premium office spaces, and landscaped terraces.
Reflecting a commitment to sustainable mobility, the building will feature only 28 parking spaces in its basement. To encourage alternative transport, a dedicated bicycle parking area equipped with changing facilities will be located on the same level.
In a press release, Grossfeld highlighted the development as further evidence of the Cloche d'Or district's growing appeal, stating that the neighbourhood is "strengthening its position as the Grand Duchy's new financial centre".
