Channel Islands fund services company Belasko has relocated its Luxembourg office following the business's "expectation-breaking growth", it said in a statement on 1 June.
Belasko has now moved to a new office space at 43-45 Allée Scheffer which will enable and encourage further development and expansion for the business.
Ross Youngs, commercial director at Belasko, said; ‘The team and I are delighted with the growth we have experienced. It affirms our view that putting clients front and centre, proactively training our teams, investing in great technology and focusing on stability are the key building blocks of our success.'
The new premises will reinforce Belasko as an employer of choice and cement Luxembourg as a key jurisdiction for the business, he said.
Youngs continued: "We received CSSF approval for our funds business in May 2022 and have quickly outgrown our previous office. We are very excited about working with our customers in Luxembourg and are proud to have secured such great premises for our staff and clients alike.
‘We're proud that Luxembourg is one of our four chosen jurisdictions. Since opening in Luxembourg in April 2022, the team have achieved fantastic organic growth and we look forward to many more years to come."
Belasko has offices in Guernsey, Jersey, Luxembourg and the UK.
