Increasing Earnings and Profits for Atrium

CountriesOther Regions ♦ Published: November 15, 2011; 20:03 ♦ (Vindobona)

The Israeli, Vienna-listed real estate company published results for the third quarter. Profits before taxes went up by 39%.

Increasing Earnings and Profits for Atrium / Picture: © Vindobona.org

Atrium European Real Estate Limited a real estate company focused on shopping centre investment, management and development in Central and Eastern Europe, announces its results for the third quarter ended 30 September 2011.

Gross rental income increased by 12.9% to € 126.3m (9M 2010: € 111.8m), net rental income grew by 14.8% to € 115.1m (9M 2010: € 100.2m). The operating…