Atrium Executes Settlement Agreement with Multi Investment

Lifestyle & Travel › Personal Real Estate ♦ Published: July 15, 2011; 13:01 ♦ (Vindobona)

As a result of the agreement, the American-Israeli real estate fund will receive net cash of € 64m and generate a profit of € 156m.

Atrium Executes Settlement Agreement with Multi Investment / Picture: © Atrium European Real Estate

Atrium European Real Estate announced that, following its statement on 17 December 2010, it has executed the settlement agreement with Multi Investment BV and that their business relationship has now been terminated.

The Agreement covers five projects in total:

  • Sale of 100% of Atrium's shares in the company that owns Trabzon shopping centre in Turkey to…

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