Tous Actualités
Suivre
Abonner Atrium European Real Estate Limited

Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited
ATRIUM SHARES ADMITTED TO TRADING ON EURONEXT AMSTERDAM

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
19.08.2009
ATRIUM SHARES ADMITTED TO TRADING ON EURONEXT AMSTERDAM
Jersey, 19 August 2009.  Atrium European Real Estate Limited  
("Atrium"  or  the "Company") (ATX / Euronext: ATRS), one of  the  
leading  real  estate  companies focused on shopping centre 
investment, management  and  development  in  Central and Eastern 
Europe is pleased to announce that its shares will commence  trading 
on Euronext Amsterdam for the first time at market  opening  this  
morning.   At the same time Atrium shares will begin trading on  the 
Vienna  Stock  Exchange, where the Company has  a  dual  listing,  
following  the  exchange  of  Austrian depositary certificates 
("ADCs") for Atrium shares after market close on the  18 August 2009.
Atrium's ISIN is JE00B3DCF752.
Based on yesterday's closing  price  of  ADCs  of  EUR3.82  on  the  
Vienna Stock Exchange, and the 227,199,287 Atrium shares in issue, 
the Company  will have  a market capitalisation of EUR868 million 
when dealings commence.
Atrium invests in, manages and develops supermarket  anchored  
shopping  centres in Central and Eastern Europe.  It has  a  
portfolio  of  152  income  producing investment assets, spread 
across eight countries  in  CEE  with  a  total  gross lettable area 
of 1.1 million sqm as well as a  number  of  development  projects 
across the region. Gross rental income from investment properties 
totalled EUR134 million for the year ended 31 December 2008. The 
Company's properties, anchored by supermarkets selling food and other
everyday  necessities,  are amongst  the most resilient asset 
classes.
The listing follows the publication of its prospectus relating  to  
the  listing of its ordinary shares on the Vienna Stock Exchange and 
Euronext  Amsterdam  on 11 August 2009 and  the  exchange  of  ADCs  
for  ordinary  shares  as  publicly announced on 12 August 2009.  A 
copy of the prospectus and  further  details  on the Company can be 
found at www.aere.com.
Commenting on the listing, Rachel Lavine, chief executive of Atrium, 
said: "Today is an important day for Atrium as the listing on  
Euronext  represents  a significant step forward in the evolution of 
the Company. A second listing on  a major international exchange was 
set as a key objective when we  took  over  the management of the 
Company just over twelve months ago and we are proud that  our hard 
work in this respect has now come to fruition.
"As we have said before,  there  are  many  benefits  to  the  
Company  and  its shareholders from the new listing.  As an 
internationally recognised and  traded exchange, it opens Atrium up 
to a far  wider  universe  of  potential  investors which we believe 
should result in broader analyst  coverage,  encourage  greater
liquidity in Atrium's shares and  therefore  enhance  pricing  over  the  longer
term.
"We will now continue to concentrate our efforts in making  Atrium  the  leading
owner and developer of supermarket anchored  shopping  centres  in  Central  and
Eastern Europe."
For further information:
Financial Dynamics:         +44 (0)20 7831 3113
Richard Sunderland
Laurence Jones 
atrium@fd.com
Notes to Editors:
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  31  March  2009
the Group owned 152 standing investments, with a market value of 
EUR1.52 billion, diversified across eight countries with a  total  
gross  lettable  area  of  1.1 million sqm. Geographically, the 
Group's focus is  principally concentrated  in Poland, the Czech 
Republic and Russia  with  a  presence  in Hungary,  Romania, 
Slovakia, Latvia  and  Turkey.  In  addition,  the  Company has  a  
development portfolio including several development projects with a 
market  value  of  EUR712 million.
Gross rental income from investment properties for the year  ended  
31  December 2008 was EUR134 million and net rental income for the 
period was £95 million. As at 31 March 2009, the Company had a cash  
position  of  EUR1,055  million against borrowings of EUR1,263 
million.
Following a strategic investment of EUR500 million by a  Citi  
Property Investors and Gazit Globe Ltd joint venture, agreed in  
August  2008,  Rachel Lavine  was appointed Chief Executive Officer 
of Atrium.  The  Board  is chaired  by  Chaim Katzman, founder of 
Gazit Globe, which has extensive global experience  of  real estate 
management and is one of the largest owners of shopping  centres  in 
the world.
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  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. The Dutch and  Austrian paying agent of Atrium is Kempen  & 
Co.  N.V.,  Beethovenstraat  300,  1077  WZ Amsterdam, the 
Netherlands.
end of announcement                               euro adhoc

Further inquiry note:

For further information:
Financial Dynamics: +44 (0)20 7831 3113
Richard Sunderland
Laurence Jones
atrium@fd.com

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

Plus de actualités: Atrium European Real Estate Limited
Plus de actualités: Atrium European Real Estate Limited
  • 12.08.2009 – 07:35

    EANS-Adhoc: Atrium European Real Estate Limited

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. EXCHANGE OF AUSTRIAN DEPOSITORY CERTIFICATES 12.08.2009 EXCHANGE OF AUSTRIAN DEPOSITORY CERTIFICATES Jersey, 12 August 2009. Further to its announcement on 11 August 2009 regarding the publication of its prospectus and planned listing of its ...

  • 18.06.2009 – 12:26

    EANS-Adhoc: Atrium European Real Estate Limited / FORM ANNOUNCEMENT

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. 18.06.2009 FORM ANNOUNCEMENT 18 June 2009 Atrium European Real Estate Limited (the "Company") announces that it has repurchased a total of EUR126.8 million nominal value of the notes issued under the Company's guaranteed medium term note programme 2006 ...