CARTIER - C&W was instructed by Cartier to approach the current tenants of a magnificent building in the heart of Luxembourg-City
The challenge was to convince Cartier to pay an extraordinary key-money of 2,5 million EUR.
The building has a ground area of 250 sq.m. and 4 upper floors. The frontage is listed and protected.
Our solution was to prove to Cartier that the asked key-money was justified and this in function of the location (neighbourhood of Gucci, Chanel, etc.), the quality of the building, etc.
After 5 months of hard negotiation with Cartier, the landlord and the current tenants, a deal has been signed.