Atrium Continues Strong Performance

Businessn.a. ♦ Published: March 16, 2012; 12:31 ♦ (Vindobona)

The Vienna-listed Atrium European Real Estate Limited could improve rental income as well as profits substantially. Operating profits were up by 46.5%.

Atrium Continues Strong Performance / Picture: © Vindobona.org

Atrium European Real Estate Limited, a Jersey-based real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe, announces its results for the year ended 31 December 2011.

Gross rental income ("GRI") rose by 13.7% to € 172.2 (2010:€ 151.5m) with an increase in like-for-like GRI of 7.5% to € 152.5m (2010: € 141.9m).…