Sport · Greece

AEK officially acquires Sunel Arena for 49 years

6 sourcesFirst reported 8 hours agoUpdated 2 hours ago

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AEK has officially announced the 49-year concession of the Sunel Arena, securing its own home venue.
The Sunel Arena, located in Ano Liosia, will be under the ownership of AEK for the next 49 years, marking a significant moment for the basketball club.
The concession was facilitated through a legislative process by the Ministry of Culture, which will involve investments and specific financial obligations.
The agreement includes the stipulation that AEK will repay a percentage to the existing owner of the facility, the SEF.
This development is seen as a permanent solution to AEK's long-standing issues regarding home arena access.

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AEK has officially announced the long-term lease of the Sunel Arena for the next 49 years. This agreement, which was made public on July 21, 2026, marks a significant milestone for the basketball club as they secure their own venue in the Upper Liosia area. The announcement highlights that this decision resolves a longstanding issue for the team.

The arrangement was formalized through a bill from the Ministry of Sports, incorporating a rental plan that includes various financial obligations. AEK is expected to make an annual contribution to the owning entity of the arena, the Indoor Hall Complex of the Olympic Center in Upper Liosia. AEK plans to invest approximately 4 million euros into the facility as part of the terms of this agreement.

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AEK officially acquires Sunel Arena for 49 years

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