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Atrium sells Assets in Hungary and Czech Republic for EUR 70 million

Published: February 9, 2018; 15:28 · (Vindobona)

Atrium, owner, operator and redeveloper of shopping centres and retail real estates announces the sale of 18 assets in Hungary and one in the Czech Republic for a combined price of EUR70 million, representing an 8% premium to the book value as at 30 September 2017. The disposals form part of the Company's ongoing strategy to improve its portfolio through the selective rotation of capital towards high quality, well-established shopping centres which dominate their catchment areas.

Atrium sells Assets in Hungary and Czech Republic for EUR 70 million / Picture: © Atrium European Real Estate

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Company Information

St Helier Jersey / Channel Islands -
ATRIUM CONTINUES ITS PORTFOLIO REPOSITIONING STRATEGY THROUGH THE SALE OF 19
ASSETS FOR EUR70 MILLION

Jersey, 9 February 2018: Atrium European Real…

This article includes a total of 608 words.

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