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Ikarus Industrial Park

Location: Hungary, Budapest
Type: Investment plots
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Ikarus Industrial Park is located in the 16th District of Budapest adjacent to a large residential neighborhood.

The Park has a total land area of over 280,000 square meters with a lettebale area of 110,000 square metres of workhalls flexible office, logistics and warehouse space. Ikarus is home to a mix of international and local users. Commercial tenants include vehicle manufacturers, logistics and storage firms, business administration and consulting companies.

The longer term aim for the park is to achieve a new zoning for a new multifunctional development including a commercial/retail strip and possibility of plot division. The new concept will allow a much better land usage will increase considerably the total built area and will increase considerable the value of the property. Atlas owns 100% of this asset.

Atrium Homes

Location: Hungary, Budapest
Type: Apartments
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Atrium Homes is a residential development in the 13th district of Budapest, directly across from the Metropol Office Centre.

To be built in two phases the development will include nearly 22,000 m² of residential accommodation, split into 456 apartments with 235 apartments in phase 1 with building permits.

Construction will begin once pre-defined sales targets have been met.

Atlas owns 100% of this asset.