Atrium European Real Estate Limited

EANS-News: Atrium European Real Estate Limited
ATRIUM APPOINTS RÜDIGER DANY AS CHIEF OPERATING OFFICER

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Management Changes

ATRIUM APPOINTS RÜDIGER DANY AS CHIEF OPERATING OFFICER
 
JERSEY, 23 September 2014 - Atrium European Real Estate (the "Company") (VSE/
Euronext: ATRS), a leading owner, operator and developer of retail real estate
and shopping centres in Central and Eastern Europe, announces the appointment of
Rüdiger Dany as Chief Operating Officer, effective as of 1 October 2014.
 
Mr. Dany joins Atrium after 11 years at one of the largest European retail
property specialists and shopping centre managers, ECE Projektmanagement GmbH &
Co KG ("ECE") and its subsidiaries across Europe and the Middle East, including
five years in senior positions in CEE.
 
Most recently, from September 2013 he was Chief Executive Officer of European
retail property management company Auxideico Gestión, S.A.U., a member of the
ECE group, which manages 16 shopping centres in Spain owned by international
investors. Prior to this, Mr.Dany spent three years as ECE's Managing Director
Poland, Czech Republic and Slovakia, where he was responsible for the
acquisition and development of new projects, asset management and M&A activity.
He spent the previous two years as ECE's Managing Director Czech Republic,
Slovakia and Romania, a role which also included responsibility for management
of a number of assets in Lithuania, Greece and Serbia, as well as overseeing the
management of seven shopping centres in Turkey. Mr. Dany has also worked as a
Centre Manager for ECE on major projects in Doha, Qatar and Frankfurt, Germany.
 
Before joining ECE, Mr. Dany spent 15 years from 1988 to 2002 as a retailer,
having been managing director of Dany Fachhandel GmbH & Co. KG, a midsize German
retailer which he took over and expanded to five stores and 150 employees. 
During this time he also served for seven years as Deputy Chairman of the Board
of Sütergro e.g., a German trade association of major fashion retailers. 
 
Mr. Dany will succeed the current COO, Mr.Kardun, who assumes the role of CEO as
of 30 November 2014.


Rachel Lavine, Chief Executive Officer of Atrium, commented: "Rüdiger has an
impressive, proven track record with extensive experience in retail real estate
in CEE and a detailed knowledge of our target markets. Our strategy is to hire
top tier real estate professionals at all levels, and his appointment ensures
that we maintain an exceptionally strong management team. He succeeds Josip
Kardun, who will become CEO at the end of November, and I am confident that
both Rüdiger and Josip will continue to provide Atrium with strong leadership
through its next phase of growth."
 
For further information:

FTI Consulting Inc.:                                                            
                                                         
+44 (0)20 3727 1000
Richard Sunderland / Claire Turvey / Nick Taylor
atrium@fticonsulting.com
 
About Atrium European Real Estate
Atrium is a leading real estate company focused on shopping centre investment,
management and development in Central and Eastern Europe. As at 30June 2014the
Group owned 153 shopping centres and retail properties, with a market value of
EUR2.5billion, diversified across seven countries with a total gross lettable
area of 1.3 million sqm. In 2013, Atrium produced a gross rental income of
EUR203.5 million. 
The Company is based in Jersey and dual listed on the Vienna and Euronext
Amsterdam Stock Exchanges under the ticker ATRS.

This press release 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 incorporated and
domiciled in Jersey and regulated by the Jersey Financial Services Authority as
a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange
and the NYSE Euronext Amsterdam Stock Exchange. Appropriate professional advice
should be sought in the case of any uncertainty as to the scope of the
regulatory requirements that apply by reason of the above regulation and
listings.  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 3727 1000
Richard Sunderland
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
 

 


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