EANS-News: Atrium European Real Estate Limited / ATRIUM COMPLETES POLISH SHOPPING CENTRE

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Company Information

St Helier Jersey / Channel Islands (euro adhoc) - ATRIUM COMPLETES
POLISH SHOPPING CENTRE

- Galeria Mosty 85% let on opening -

Jersey, 24 November 2010. Atrium European Real Estate Limited
("Atrium" or the "Company") (VSE/Euronext: ATRS), one of the leading
real estate companies focused on shopping centre investment,
management and development in Central and Eastern Europe, will open
the first phase of Galeria Mosty, its latest shopping centre
development in Poland, today.

Located in the city of Plock, in central Poland, it will have a gross
lettable area of 9,900 sqm on opening and will be 85% let to over 50
tenants, including the leading Polish supermarket group, Piotr i
Pawel, as anchor. Other major tenants include electrical superstore,
Media Expert, and fashion retailers including Reserved, Cropp Town,
Camaieu and Deichman, who join a strong mix of local and
international brands, ensuring an appropriate offering for the local
catchment area. Galeria Mosty is well located in the city centre, at
the intersection of two main roads, enabling easy access by car and
public transport. It also has 660 parking spaces.

The opening of Galeria Mosty brings Atrium's total number of
operating shopping centres in Poland to 18. Poland is a key market of
growth for Atrium, having shown the strongest resilience of all EU
countries and being the only member state to grow GDP during the
crisis. This has been reflected in Atrium's portfolio performance in
Poland so far this year, which has risen in value by over 9%, with
rents remaining stable.

Rachel Lavine, CEO of Atrium, commented: "We see the completion of
our latest development as a major achievement, particularly given the
strong tenant line-up that we have already put in place at the
centre. This success reflects both the relative strength of the local
market and the considerable expertise of our local development and
letting teams."

Further information is available on the shopping centre's website:
www.galeriamosty.pl.

For further information:

Financial Dynamics: +44 (0)20 7831 3113
Richard Sunderland
Laurence Jones
Richard.sunderland@fd.com

end of announcement euro adhoc
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ots Originaltext: Atrium European Real Estate Limited
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Financial Dynamics, London

Richard Sunderland / Laurence Jones

Phone: +44 (0)20 7831 3113

mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN: JE00B3DCF752
WKN:
Index: Standard Market Continous
Börsen: Wien / official market