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Atrium European Real Estate Limited

APPOINTMENT OF CHIEF ENGINEER

St Helier Jersey / Channel Islands (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
real estate/MANAGEMENT
Atrium European
Real Estate Limited ("Atrium" or the "Company")
APPOINTMENT OF CHIEF ENGINEER
- Development team strengthened following recent appointment of Chief
Development Officer -
Jersey, 18 November 2008.  Atrium European Real Estate (VSX: ATR), 
one of the leading real estate companies focused on shopping centre 
investment, management and development in Central and Eastern Europe,
announces that it has appointed Stephan Bonk as Chief Engineer.
Reporting to Dominique Beghin, Chief Development Officer, and 
starting on 1 December, Stephan will be responsible for managing all 
of Atrium's construction projects including concept and technical 
frameworks of new development projects, costs estimation, tender 
processes, timings, construction and overall monitoring.  He will be 
overseeing a team of in-house engineers / project managers.
A qualified civil engineer, Stephan has over 12 years experience in 
retail development projects across several countries in Central and 
Eastern Europe and Russia. He joins the management team from a 
subsidiary of ATRIUM where, since 2005, he has been  managing 
director responsible for development projects across Poland.  Most 
recently he set up the Company's office in Romania and ran its 
operations there.  Between 2000 and 2003, he was involved at a senior
level in several high profile real estate developments including 
Dusseldorf International Airport and Ikea in Moscow.
Commenting on the appointment, Dominique Beghin, Chief Development 
Officer, said: "As we continue to integrate new processes and systems
within the business, Stephan will play a key part in managing our 
construction projects in the different regions.  He will also be 
responsible for creating cohesion with our development partners and 
local partners to ensure consistency of costs and timing of delivery 
on our development projects."
"Stephan already has considerable knowledge of many of Atrium's 
development projects and has shown his ability in managing often 
complex projects. With the experience that he brings, he will be 
invaluable in realizing our development pipeline and we welcome him 
to his new position."
Stephan Bonk, Chief Engineer, added: "There is considerable potential
in Atrium's development pipeline. Having spent a number of years 
becoming familiar with Atrium's development projects and its 
progression across Central and Eastern Europe, I look forward to my 
new role with several challenging, yet exciting goals."
Financial Dynamics:                                        +44 (0)20 
7831 3113 Richard Sunderland Stephanie Highett Laurence Jones
Richard.sunderland@fd.com
Notes to editors:
About Atrium European Real Estate Limited
Atrium is a real estate investment and development company whose 
primary focus is on retail assets in Central and Eastern Europe, 
where it operates in 11 countries.  At 30 June 2008, Atrium had 160 
operating investment properties with a market value of just over EUR2
billion and a significant portfolio of development projects.  In 
addition, it has established a land bank of over 1.9 million sqm.  
For the six months to 30 June 2008.  Atrium had a gross rental income
of EUR64.1 million (2007: EUR62.3 million).
The Company has been listed on the Vienna Stock Exchange since 2002 
and at 2 September 2008 was capitalised at EUR1.503 billion based on 
a closing price per certificate/share of EUR6.93 and 216.9 million 
shares in issue.
end of announcement                               euro adhoc

Further inquiry note:

Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113
mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Standard Market Continous
Börsen: Wiener Börse AG / official market

Plus de actualités: Atrium European Real Estate Limited
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