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Meinl European Land Limited

euro adhoc: Meinl European Land Limited
Mergers - Acquisitions - Takeovers / Meinl European Land Limited - Opening of two new shopping centres - Admission into the Dow Jones Stoxx 600 Index

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
24.11.2005
Vienna, 24th November 2005. Meinl European Land has successfully
completed two development projects for a total investment value of 70
million Euro in Poland an Hungary.
Opening of a 50 million Euro shopping centre in Torun a major success
Meinl European Land celebrates the grand opening of a shopping centre
in Torun in Poland, with a total letable area of approximately
35,000sqm yesterday. Torun is a regional hub of more than 200,000
inhabitants in the North-Western part of Poland, 250km from Warsaw.
Total Development costs for the shopping centre came up to around 50
million Euro. The centre, called "Galeria Copernicus", is leased on a
long-term contract basis to the German Metro group with a
"Mediamarkt" electronics market and a "Real" hypermarket as anchor
tenants. An additional 80 attractive shops, which are leased to well
known brands such as Douglas or Deichmann, complete the tenant
mixture. On the opening day a huge growd of customers made their
first shopping in the fully let centre. Leading members of Torun’s
administration expressed their view that they consider the Galeria
Copernicus as a "real enrichment" for the city.
20,000sqm retail park in Szombathely opens on Friday
Meinl European Land will open a further project - a 20 million Euro
retail park close to the Austrian-Hungarian boarder - tomorrow. The
centre, called "Family Center" - a name also used for other retail
parks of the group in the Czech Republic and Hungary - has a total
letable area of almost 20,000sqm and is also leased to Metro with a
"Mediamarkt" and a "Praktiker" do-it-yourself market as anchor
tenants. The tenant mix is amended by several smaller units. The
Family Centre is close-by a Tesco centre at the most important retail
location of the city.
Meinl European Land admitted into the Dow Jones Stoxx 600 index
Meinl European Land will be also included into the Dow Jones Stoxx
600 index as of 19th December 2005. The Dow Jones Stoxx 600 index
exists since 1999 and covers the 600 most important stock exchange
listed companies in 17 European countries. Consequently, Meinl
European Land will have been admitted this year into 4 of the most
important international indices: the GPR 250 index, the MSCI index,
the French IEIF index and now the Dow Jones Stoxx 600 index - a
result of the successful company development during the last 2 years.
end of announcement                               euro adhoc 24.11.2005 10:31:34

Further inquiry note:

Pleon Publico Public Relations & Lobbying
Mag. Claudia Müller-Stralz
Tel.: ++43 (0) 1/717 86 107
mailto:claudia.mueller@pleon-publico.com

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

Plus de actualités: Meinl European Land Limited
Plus de actualités: Meinl European Land Limited