Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited

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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

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

@@start.t2@@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

Notes to Editors:@@end@@

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.

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ots Originaltext: Atrium European Real Estate Limited
Im Internet recherchierbar:

Further inquiry note:
For further information:
Financial Dynamics:              +44 (0)20 7831 3113                                                  
Richard Sunderland                                                                                        
Laurence Jones                                                                                       

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

Weitere Meldungen: Atrium European Real Estate Limited

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