Atrium European Real Estate Limited
EANS-News: Atrium European Real Estate Limited
ATRIUM STRENGTHENS EXECUTIVE
MANAGEMENT TEAM
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Personnel
St Helier Jersey / Channel Islands (euro adhoc) - ATRIUM STRENGTHENS EXECUTIVE
MANAGEMENT TEAM
Jersey, 11 September, 2013 - Atrium European Real Estate Limited (VSE/Euronext:
ATRS) ("Atrium" or the "Group"), a leading owner, operator and developer of
retail real estate and shopping centres in Central and Eastern Europe, is
pleased to announce the appointment of Liad Barzilai, Atrium's Head of
Acquisitions, to its Group Executive Management Team with immediate effect.
Liad was promoted as Atrium's Head of Acquisitions in September 2011, since when
he has been responsible for building, assessing and, where appropriate,
progressing the Company's pipeline of potential acquisition opportunities. Liad
oversaw Atrium's purchase of Palác Flóra, Prague, in 2011, and was responsible
for sourcing and executing the Company's acquisitions in Poland of the Molo
shopping centre, in Szczecin, and the Galeria Dominika?ska, in Wroclaw, in
December 2011 and June 2013 respectively.
Liad has been at Atrium since its formation under new management in August 2008.
Having initially started as Vice President of Business Development, he worked
closely with its chief executive, Rachel Lavine and the rest of the management
team on the turn-around and repositioning of Atrium, where he was integral to
many of the key achievements
Liad has a B.A. in Business Economics & Management from Guilford Glazer School
of Business & Management, Ben-Gurion University and a MBA from Reccanati
Business School, Tel Aviv University.
Rachel Lavine, chief executive officer of Atrium, said: "Liad has worked
extensively with the senior management team over the past few years and has
played an important part in the Company's successful turnaround, being
instrumental in both closing the transactions we have completed so far and in
the ongoing building and assessment of our acquisition pipeline. I am therefore
very pleased to recognise his achievements and contribution with this
well-deserved promotion to Atrium's executive management team."
For further information:
FTI Consulting Inc:
+44 (0)20 7831 3113
Richard Sunderland/Will Henderson
atrium@fticonsulting.com
About Atrium European Real Estate Limited
Atrium is a leading real estate company focused on shopping centre investment,
management and development in Central and Eastern Europe. As at 30 June 2013
(and not including Galeria Dominika?ska which was acquired in August 2013 for
EUR151.7 million), the Group owned 156 retail properties, with a market value of
EUR2.20 billion, diversified across seven countries with a total gross lettable
area of 1.245 million sqm. In 2012, Atrium produced a gross rental income of
EUR193.5million.
The Company is based in Jersey and dual listed on the Vienna and Euronext
Amsterdam Stock Exchanges under the ticker ATRS.
This ad hoc announcement appears as a matter of record only and does not
constitute an offer to sell or a solicitation of an offer to purchase any
security.
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.
Further inquiry note:
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