Atrium: Increased Profitability

Businessn.a. ♦ Published: May 11, 2012; 12:08 ♦ (Vindobona)

Net rental income of the Vienna-listed real estate group was up by 17.4%. EBITDA rose by 48.6% to € 38.0m.

Atrium: Increased Profitability / Picture: © Vindobona.org

Atrium European Real Estate Limited, a Vienna-listed real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe, announces its results for the quarter ended 31 March 2012.

Gross rental income ("GRI") was up by 14.9% to € 48.6m (Q1 2011: € 42.3m). Net rental income ("NRI") increased by 17.4% to € 45.3m (Q1 2011: €…