Atrium European Real Estate Limited / ATRIUM CONTINUES THERE BALANCING OF ITS CZECH PORTFOLIO WITH THE EUR 102.6 MILLION SALE OF 10NON-STRATEGIC ASSETS

Published: February 10, 2016; 12:32 · (Vindobona)

Atrium European Real Estate Limited ("Atrium" or the "Company") (VSE/Euronext: ATRS), a leading owner, operator and developer of shopping centres and retail real estate in Central and Eastern Europe, announces that it has completed the sale of a portfolio of 10 retail assets (the "Portfolio") in the Czech Republic. The Portfolio has been sold in a corporate transaction to a private client account managed by Palmer Capital for an asset value equivalent to EUR102.6 million, which is c. 8% above the 30th June 2015 book valuation.

Atrium European Real Estate Limited / ATRIUM CONTINUES THERE BALANCING OF ITS CZECH PORTFOLIO WITH THE EUR 102.6 MILLION SALE OF 10NON-STRATEGIC ASSETS / Picture: © Vindobona

 

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10.02.2016

ATRIUM…

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