Atenor rolls out repositioning of Olympia offices in Budapest

14
Oct
2024
News - Atenor rolls out repositioning of Olympia offices in Budapest #Atenor #Budapest #Hungary #office #Olympia

by Property Forum | Office

Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.


While the long-term development plan for the project includes two additional phases, immediate upgrades include a public parking lot and a communal park, extending from the corner of Stróbl Alajos utca into Olympia’s internal garden.

Olympia spans across four plots, comprising a total area of 72,000 sqm. Building A covering 21,000 sqm is fully occupied by local and international tenants. Besides the existing shops, pharmacy and GP’s office, throughout 2025, Olympia Building A will be boasting a new restaurant and a café with co-working spaces. At the same time, Building B spanning 15,000 sqm will undergo a functional repurposing.

“The revitalization of Olympia reflects a broader revitalization effort within its vicinity, driven by collaborative initiatives between the developer and local authorities,” said Atenor in a statement.

The developer added that Olympia offers an alternative to traditional office hubs like the Váci Corridor with outstanding public transportation including the metro, the central bus station and the Keleti railway station.




Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


Latest news

News - Alides and Revive sell Imperial Shipyard site to Develia
03
Apr
2026

Alides and Revive sell Imperial Shipyard site to Develia

by Property Forum
Alides and Revive, the two Belgian developers behind Gdansk Development Holding, have signed a preliminary agreement for the sale of 100% of shares in Stocznia Cesarska Development to Develia, one of Poland's residential developers.
Read more >
News - Logicor reaches full occupancy at Alligator Park in Budaörs
02
Apr
2026

Logicor reaches full occupancy at Alligator Park in Budaörs

by Property Forum
Logistics developer Logicor has signed a new lease agreement with CHS, a Hungarian IT distribution company, for 5,580 sqm of warehouse space at Logicor Alligator Park in Budaörs, bringing the property to 100% occupancy.
Read more >
News - Fiege expands 21,000 sqm across three Panattoni parks
02
Apr
2026

Fiege expands 21,000 sqm across three Panattoni parks

by Property Forum
Panattoni and Fiege are expanding their partnership in western Poland through new agreements covering lease extensions and expansions at three sites: Panattoni Park Goleńiów I, Panattoni Park Zielona Góra I and Panattoni Park Gorzów I. The total additional space leased by Fiege amounts to nearly 21,000 sqm.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy