Atrium European Real Estate Limited
EANS-News: Atrium European Real Estate Limited
Pre-letting to Leroy Merlin at
Atrium Felicity development
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information St Helier Jersey / Channel Islands (euro adhoc) - Atrium European Real Estate Limited ATRIUM SECURES PRE-LETTING TO LEROY MERLIN AT ATRIUM FELICITY DEVELOPMENT -Lublin shopping centre now 71% pre-let- Jersey, 20 September 2012. Atrium European Real Estate Limited ("Atrium" or the "Company") (VSE/Euronext: ATRS), one of the leading real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe, announces that it has secured a 12,500 sqm pre-let to DIY store operator Leroy Merlin at its 75,000 sqm Atrium Felicity shopping centre development in Lublin, Poland. Following this deal, and the pre-sale in June of a 19,700 sqm hypermarket at the site to a major international food retailer, Atrium Felicity is now 71% pre- let, with over a year to go before the centre is due to open. Other retail brands which have pre-let space at the centre include H&M, Reserved, Mohito, House, and Intersport, as well as Zara, Zara Home, Bershka, Stradivarius, Pull & Bear, Oysho and Massimo Dutti from the Inditex Group. Having recently appointed an international contractor to undertake the development works, construction has now begun on site, with completion of Atrium Felicity expected by the end of 2013. Commenting, Rachel Lavine, CEO of Atrium said: "To have achieved pre-lets of over 70% at Atrium Felicity at this stage of development and to have attracted yet another strong international anchor brand in Leroy Merlin, is a great achievement that underlines the strength of the location and attractiveness of the space to tenants. Atrium Felicity will provide a wide-ranging offer from every day grocery shopping at the hyper-market through to high fashion and DIY, appealing to a large number of consumers, and we are confident that it will become a thriving retail hub for the region." Further information can be found on Atrium's website www.aere.com or from: FTI Consulting Inc +44 (0)20 7831 3113 Richard Sunderland/ Will Henderson/ Daniel O'Donnell atrium@fticonsulting.com 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. Atrium European Real Estate Limited is regulated by the Jersey Financial Services Commission. Further inquiry note: For further information: FTI Consulting Inc.: +44 (0)20 7831 3113 Richard Sunderland Will Henderson Richard.sunderland@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- 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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