Atrium European Real Estate Limited
EANS-News: Atrium European Real Estate Limited
Pre-letting to Leroy Merlin at
Atrium Felicity development
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Company Information
St Helier Jersey / Channel Islands (euro adhoc) - Atrium European Real Estate
Limited
ATRIUM SECURES PRE-LETTING TO LEROY MERLIN AT ATRIUM FELICITY DEVELOPMENT
-Lublin shopping centre now 71% pre-let-
Jersey, 20 September 2012. Atrium European Real Estate Limited ("Atrium" or the
"Company") (VSE/Euronext: ATRS), one of the leading real estate companies
focused on shopping centre investment, management and development in Central
and Eastern Europe, announces that it has secured a 12,500 sqm pre-let to DIY
store operator Leroy Merlin at its 75,000 sqm Atrium Felicity shopping centre
development in Lublin, Poland.
Following this deal, and the pre-sale in June of a 19,700 sqm hypermarket at
the site to a major international food retailer, Atrium Felicity is now 71% pre-
let, with over a year to go before the centre is due to open. Other retail
brands which have pre-let space at the centre include H&M, Reserved, Mohito,
House, and Intersport, as well as Zara, Zara Home, Bershka, Stradivarius, Pull
& Bear, Oysho and Massimo Dutti from the Inditex Group.
Having recently appointed an international contractor to undertake the
development works, construction has now begun on site, with completion of
Atrium Felicity expected by the end of 2013.
Commenting, Rachel Lavine, CEO of Atrium said: "To have achieved pre-lets of
over 70% at Atrium Felicity at this stage of development and to have attracted
yet another strong international anchor brand in Leroy Merlin, is a great
achievement that underlines the strength of the location and attractiveness of
the space to tenants. Atrium Felicity will provide a wide-ranging offer from
every day grocery shopping at the hyper-market through to high fashion and DIY,
appealing to a large number of consumers, and we are confident that it will
become a thriving retail hub for the region."
Further information can be found on Atrium's website www.aere.com or from:
FTI Consulting Inc +44 (0)20 7831 3113
Richard Sunderland/ Will Henderson/ Daniel O'Donnell
atrium@fticonsulting.com
Atrium is established as a closed-end investment company domiciled in Jersey.
Atrium is registered with the Dutch Authority for the Financial Markets as a
collective investment scheme which may offer participations in The Netherlands
pursuant to article 2:66 of the Financial Supervision Act (Wet op het
financieel toezicht). All investments are subject to risk. Past performance is
no guarantee of future returns. The value of investments may fluctuate. Results
achieved in the past are no guarantee of future results. Atrium European Real
Estate Limited is regulated by the Jersey Financial Services Commission.
Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 7831 3113
Richard Sunderland
Will Henderson
Richard.sunderland@fticonsulting.com
end of announcement euro adhoc
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company: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English