Easy Syndic expands to Luxembourg with a cost-effective solution for small co-ownerships

Easy Syndic expands to Luxembourg with a cost-effective solution for small co-ownerships

Luxembourg, May 21, 2025 – Easy Syndic, a leading player in Belgium in the management of small co-ownership properties, officially announces its expansion into Luxembourg, with a new branch established in Bertrange. The local market largely consists of small-scale buildings. According to the Housing Observatory, nearly 90% of apartment buildings have 10 units or fewer. Easy Syndic addresses this reality with a transparent, participatory, and cost-effective offer—up to 30% cheaper than traditional property managers. Tailored specifically for small co-ownerships, this solution targets a market segment that remains largely underserved in Luxembourg.

Tailored management for small co-ownerships

The Luxembourg real estate market is primarily made up of small co-ownerships. According to the latest data from the Housing Observatory* and Statec, nearly 90% of apartment buildings have 10 units or fewer, with almost 58% having three or fewer. However, traditional property managers still focus on larger buildings, offering services that are often unsuitable for small residences and disproportionately expensive. Easy syndic fills this gap with a clear, customized, and affordable solution.

A market in transition

Since late 2024, Luxembourg’s apartment market has seen  substantial growth. According to the Housing Observatory, sales of new-build apartments surged by 272.6% in Q4 2024 compared to the previous year, while sales of existing apartments increased by 108.2%.

This growth reflects a rise in the number of co-ownership properties in Luxembourg, particularly in urban and suburban areas. . Most of these buildings are small in size, with fewer than 10 uits. As a result, co-owners are now seeking more flexible, transparent, and tailored property management solutions. Easy Syndic offers a concrete answer to this demand through a modern, economical model designed specifically for small co-ownerships.

“Luxembourg has a majority of small co-ownerships, typically around nine apartments per building. This is exactly our core business,” explains Léandre Harmegnies, CEO of Easy Syndic. “We offer customized, more accessible, and fully transparent management—with an average 30% reduction in management fees compared to traditional providers!”

An innovative, participatory model for substantial savings

Easy Syndic’s model is based on a simple principle: refocusing the property manager’s role on legal and administrative duties, while involving co-owners in day-to-day decisions (such as contractor selection or approving maintenance work). Easy Syndic is the first to introduce a “à la carte” property management model in Luxembourg – a true innovation in the market. This pioneering approach allows co-owners to pay only for the services they actually use, offering a level of flexibility that traditional syndics simply don’t provide. Fully compliant with Luxembourg’s regulatory framework, this participatory model helps reduce costs without compromising service quality or legal standards.

A promising start and strong growth potential

Since its launch in early January, Easy Syndic Luxembourg has already attracted a number of co-ownerships and is currently in discussions with many more. The company sees real potential in a market with many small co-ownerships that are currently underserved.

“In just two months, we’ve seen strong interest in  our model,” says Benjamin Théatre, Branch Director at Easy Syndic Luxembourg. “We aim to replicate the organic growth we achieved in Belgium, offering Luxembourg co-owners a reliable, simple, and affordable solution.”

To support this growth, Easy Syndic plans to expand its team in Luxembourg: two new hires are expected in 2025—one for co-ownership case management and another for accounting—followed by a third recruit at the end of the year. Depending on market developments, the goal is to have a six-person local team within two years.

A European ambition driven by a proven model

To support this growth, Easy Syndic plans to expand its team in Luxembourg: two new hires are expected in 2025—one for co-ownership case management and another for accounting—followed by a third recruit at the end of the year. Depending on market developments, the goal is to have a six-person local team within two years.

“Our concept has proven its worth, with over 2,400 co-ownerships managed in Belgium. Luxembourg is a natural next step, with high demand and limited market coverage. We’re confident that our unique model is the perfect match for local needs,” concludes the Easy Syndic CEO.
*Source : Le logement en chiffres n°17, mars 2025

Press contact :

For more information or interview requests, please contact Isabelle Schmit at Luna: Mobile: +32 495 59 38 06, email: isabelle@luna.be

About Easy Syndic

Founded in Brussels in 2015, Easy Syndic specializes in managing small residential buildings, typically with fewer than 10 units. With experience from over 2,400 co-ownerships in Belgium, the company has earned a solid reputation through its unique model based on transparency, accessibility, and cost-efficiency. With flexible offerings and clear pricing, Easy Syndic allows co-owners to significantly reduce management fees.
Active in Luxembourg since January 2025, Easy Syndic relies on an experienced team and powerful digital tools to simplify co-ownership management.

Easy Syndic is part of the Emeria Group, a European network of brands specializing in real estate transactions, property management, rental management, and co-ownership services.