Olympic House

Belfast Harbour and Titanic Quarter, who are co-promoting Olympic House, have appointed CBRE, the largest Real Estate broker in the world, as the letting agent for the significant development which is set to create 150,000 sq ft of new Grade ‘A’ offices in the city. 

The appointment of CBRE, who have a wide ranging network of contacts, will be able to align potential tenants with sectors aligned with Invest NI’s strategy.

Construction work on Olympic House began in May 2020 and, on completion, the offices will facilitate 1,500 jobs in a modern, efficient and sustainable working environment.

The development occupies a prominent position within Belfast Harbour Estate, located in Belfast’s iconic Titanic Quarter alongside a diverse portfolio of neighbours including Belfast Metropolitan College, Citi Group, the Public Record Office of Northern Ireland (PRONI), Catalyst, and the area’s leading tourist attraction, Titanic Belfast. 

Olympic House will be a Grade ‘A’ office building comprising two linked blocks of six and seven storeys including a feature atrium providing high levels of daylight. The flexibility of the design enables the building to be let on a floor-by-floor or block-by-block basis to suit occupier requirements. The building will also offer basement bicycle and car parking and the location benefits from excellent public and sustainable transport connections.  

David Wright, Director at CBRE, said:

“With construction underway on Olympic House, it sends a clear message that there is confidence in the resilience of the Belfast office market in the face of the challenges of this year. We are seeing a growing focus from tenants on features which promote health and wellness and with ample, flexible space to allow social distancing and back of house facilities such as bicycle parking spaces and showering facilities, Olympic House responds well to these requirements. Belfast is a very walkable city and there is a real sense of community in the Titanic Quarter area.”

Jonathan Hegan, chairman of OH Office Developments, said:

“We are pleased to appoint CBRE as our letting agent on Olympic House. This development will be one of the most modern office buildings in the city, offering accommodation which will support both growing indigenous businesses and new market entrants. Keeping our construction sector moving is more important than ever and work is already progressing well on site. We will continue to work with key partners to support the NI economy to ‘Build Back Better’ from the pandemic crisis.”

“Titanic Quarter is one of Europe’s first developments to deliver an Open Access Carrier Neutral Network with fibre direct to every occupant. This network is future proofed, enhances resilience, facilitates service concurrency and encourages service innovation for the benefit of users. Belfast also has a highly skilled, young and dynamic workforce who have proven to be a great asset for many FDI companies who have already set up successful hubs in the city. We anticipate interest in Olympic House from fintech, cyber security and legal sector companies.”

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