First Building Of Atenor's Aréna Business Campus In Budapest Topped Out

  • 17 Jan 2020 4:11 PM
First Building Of Atenor's Aréna Business Campus In Budapest Topped Out
In December 2019, Atenor and its contractor team, Péter Építő Kft. held a topping out ceremony for Aréna Business Campus Building ‘A’ as the structural works were completed and the development is going according to plans.

The first, 8 level building of the office campus will offer 20,000 square meters leasable office space and will be handed over in Q2 2020.

The deep construction works of the second building, ‘B’ of Aréna Business Campus has been already started, with further 15,000 m2 office space ready by the middle of 2021, then the construction of the final phase, ’C’ and ’D’, is planned to be finished in two-three years by the Belgian real estate developer, Atenor.

Aréna Business Campus is the second megaproject in Budapest by Atenor and it is equity financed similarly to the Váci Greens development.

Consisting of four buildings, the 72,000 m2 Aréna Business Campus has a more than 200 meter front to Hungária Boulevard and will revive the neighbourhood with a huge public park.

The office complex has BREEAM Excellent and Access4you certifications and all of its buildings offer large, contiguous and efficient office space in a high quality, green and ergonomic working environment.

This concept has proven to be a great success even before the handover of the first building as 40% of the area has been leased to leading multinational tenants and ground floor service providers.

‘The main focus of all of the Atenor projects is reaching the highest level of quality and the highest efficiency. We are aware how important is a fast and professional construction for tenants that can also keep the deadlines.

That is the reason why we chose Péter Építő Kft., a structural contractor that could meet these strict criteria. I would like to emphasize that even in the present construction industry that is full of challenges we were capable of finishing the structural works within the deadline, contrary to significant delays of other market players.

Therefore, promptness and quality is crucial to us so we can have a serious competitive advantage on the one hand and on the other further strengthen our positive reputation with our reliability.

Péter Építő Kft. plays a huge role in this so our cooperation is remarkably fruitful and successful’ says Zoltán Borbély, Country Director of Atenor Hungary.

About Atenor
Listed on the Euronext Brussels, the company of Atenor has a remarkable experience in developing large-scale residential and office real estate in Belgium, Luxembourg, France, Germany, Poland, Portugal, Hungary and Romania. Atenor’s aim is to answer to the urban challenges of the future, while offering sustainable, ‘living and working’ real estates and offices that can be valued and enjoyed.

Click here to visit Atenor Hungary online


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