After a decade of steady profits in real estate development, new market conditions now require a closer look at construction costs to recover some of the margins lost due to rising interest rates.

Pierre Gelenne

EY Luxembourg M&A Real Estate Partner

Real estate professional with 20 years of experience in the construction industry. Passionate about helping project owners – public and private – manage costs, quality, and timelines effectively.

Pierre is a partner at EY Luxembourg for real estate development.  

With more than 20 years of experience, Pierre has worked in development, project management, and cost estimation for logistics, office, retail, and residential projects, supporting both construction companies and public and private project owners.  

How Pierre is building a better working world

Pierre has secured many contracts and tenders for complex real estate projects for major general contractors.  His experience with construction companies has helped developers negotiate better purchase prices.  

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