Atrium European Real Estate Limited
EANS-News: ATRIUM SIGNS EURO RTV AGV AT ATRIUM FELICITY DEVELOPMENT
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Contracts
St Helier Jersey / Channel Islands (euro adhoc) - Atrium European Real Estate
Limited
ATRIUM SIGNS EURO RTV AGV AT ATRIUM FELICITY DEVELOPMENT
- Lublin shopping centre 73% pre-let following new 1,454 sqm letting -
Jersey, 8 October 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 new pre-let at its 75,000
sqm Atrium Felicity shopping centre development in Lublin, Poland. As a result
of a 1,454 sqm pre-let to leading Polish home appliances and consumer
electronics retailer, EURO RTV AGV, Atrium Felicity is 73% pre-let, with over a
year to go before the centre's expected opening in late 2013.
This deal follows shortly after a successful cornerstone ceremony last week, to
officially celebrate the start of construction, a 12,500 sqm pre-let to Leroy
Merlin in September and the pre-sale of a 19,700 sqm hypermarket at the site to
a major international food retailer in June. Atrium has also secured pre-lets
with many other strong retail brands including 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.
Commenting, Rachel Lavine, CEO of Atrium said: "Following so soon after the
pre-let we agreed with Leroy Merlin last month, the new lease to EURO RTV AGV
demonstrates the positive letting momentum we are achieving at this new
development and, together with the strong line up of other retail brands we
have brought to this exciting new centre, it also underlines the attractiveness
of Lublin Felicity to retailers."
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
--------------------------------------------------------------------------------
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