Real estate and industry – LSC360 takes stock.

Every economic sector has its own challenges. While the property market is struggling to recover, industry must transform itself to improve its environmental footprint. Engineering firms such as LSC360 are key partners in overcoming these challenges. We meet Carl-Taro Kleefisch, the company’s managing director.

• What is the current situation on the housing market in the Grand Duchy?

Carl-Taro Kleefisch: After several difficult years, this market continued to recover gradually in 2025, albeit at a moderate pace. Transactions are on the rise, driven by improved financing conditions and investor interest in energy-efficient properties. While the latter are very attractive, poorly designed or “backward” buildings from an energy perspective are difficult to sell.

It should also be noted that, despite initiatives by local authorities and social housing projects, the rental market remains very tight. After several years of continuous increases, rents are very high but stable.

In summary, the signs are encouraging, market consolidation has begun, but many structural challenges remain. The outlook is therefore positive, albeit still fragile.

• How have your customers reacted? How has this affected your business activities?

CK: Our clients come equally from the public and private sectors. Their reactions have varied. Public actors such as the SNHBM have maintained their commitments to promoting housing construction, their consultations and initiatives. However, one of the biggest challenges for the future could be the shortage of available land, which could slow down their medium- to long-term ambitions.

As far as private customers are concerned, the picture is less encouraging in the short term. Construction projects are often postponed by several months or even years.

• How have you adapted your strategy to better serve these customers?

CK: Our positioning is clear: more than ever, we are our customers’ partner and ready to develop sustainable and innovative solutions. LSC360 is at their side to guide them safely through regulatory changes.

We have used our merger last year to restructure our services and make them more efficient. This naturally benefits our customers on various levels.

Our strategy continues to be based on strong diversification of our activities. Therefore, the slowdown in the property market has not hindered our development.

• How important is industry among the various areas of activity?

CK: Industry has always been more than important to us. Before founding our office in 1977, Mr Christiansen worked as an engineer in a construction company with an internal planning office. This structure was particularly active in the planning and implementation of industrial projects, especially in the steel sector. This heritage and passion for engineering were fully integrated into the then newly founded company and are now an integral part of LSC360’s DNA. In concrete terms, industry accounts for around 15% of our turnover, a figure that is steadily rising. Incidentally, a large part of our team is involved in these issues.
The need for transformation among these players is indeed growing, particularly in the area of sustainability. This requires investment and solid support on our part.

• What makes the industrial sector in Luxembourg so special?

CK: Both in the Grand Duchy and in the Greater Region, the industrial sector is highly dynamic and is a key pillar of economic change.

Incidentally, it is very likely that this sector will be unrecognisable in ten years’ time due to its development. For us, this is of course an opportunity. The companies we serve do not have the internal human or technical resources to implement the specific services we offer.

• What approach and services do you offer them specifically?

CK: It is an integrated and multidisciplinary engineering approach with very high technical requirements, whether in terms of structural analysis, civil engineering, safety or construction management, to name but a few areas. Our added value lies in our ability to combine these areas of expertise within a single structure, thus ensuring technical and methodological consistency at every stage of the project. This cross-functional approach enables us to anticipate constraints, optimise deadlines and offer increasingly sustainable and innovative solutions. Of course, environmental studies and regulatory audits are among the most important services we offer our clients.

These skills, combined with a thorough knowledge of the legal framework and the challenges of sustainability, enable us to effectively support them in complying with the environmental, energy and safety regulations of their projects.

It is this comprehensive and interconnected range of expertise, supported by state-of-the-art tools and an interdisciplinary approach, that undoubtedly sets us apart in the market. LSC360 provides not only technical answers, but also a global and coherent vision in the service of more efficient, responsible and sustainable projects.

• How does LSC360 intend to position itself in the future in relation to the industrial and residential construction sectors?

CK: Our strength lies in the complementarity and diversity of our areas of activity. LSC360 covers the entire value chain of real estate projects: from urban planning and technical design to environmental studies, mobility and the management of interfaces between public and private actors. This integrated approach enables us to efficiently support property developers and builders at every stage of their projects with a holistic and coherent vision.

As far as the industrial sector is concerned, our goal is clear: we want to consolidate our position and expand our presence in the coming years by leveraging our technical expertise and innovative strength.

• And more generally, what strategic initiatives are currently being considered?

CK: LSC360 is investing heavily in innovation and the development of technical solutions to meet the requirements and challenges of the coming years. These investments primarily concern sustainability issues, but not exclusively. We have been pursuing this strategy for several years now, it is bearing fruit and we will therefore continue to pursue it in the future. We are also integrating artificial intelligence into our approaches to improve precision, optimise processes and increase overall performance.

We also want to expand our network of preferred partners at national and international level. In other words, we are currently setting up several subsidiaries in Germany together with our partners, in which we hold minority shares. We are looking for partners with complementary expertise that will enable both sides to position themselves even better in various markets. This includes Eastern European countries in particular.

Article published in Lëtzebuerger Gemengen #270 – Photo: Yves Cortum