EANS-News: Atrium European Real Estate Limited / ATRIUM OPENS 75,000 SQM ATRIUM FELICITY SHOPPING CENTRE DEVELOPMENT IN LUBLIN, POLAND

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St Helier Jersey / Channel Islands (euro adhoc) - ATRIUM OPENS 75,000
SQM ATRIUM FELICITY SHOPPING CENTRE DEVELOPMENT IN LUBLIN,
POLAND

JERSEY, 20 March 2014 - Atrium European Real Estate (the "Group")
(VSE/Euronext: ATRS), a leading owner, operator and developer of
retail real estate and shopping centres in Central and Eastern
Europe, announces that its first major greenfield development, Atrium
Felicity, in Lublin, Poland opens today.

The 172,000 sqm building is the largest and most modern shopping
centre to open in the city of Lublin, which is the capital of the
Lublin Voivodeship province and, with a population of around 350,000,
is the largest Polish city east of the Vistula River. With its large
scale, market leading offer and dominant location, as well as a
catchment area of around 470,000 people which extends out of Lublin
and into nearby cities such as Che?m and Zamo??, Atrium Felicity is
expected to attract shoppers from across the region.

Atrium Felicity offers 75,000 sqm of gross leasable area of retail
across 120 units. The centre is 95% occupied, with a further four
stores in solicitors' hands. The shopping centre is anchored by a
20,000 sqm hyper market which was pre-sold to Auchan in 2011, a
12,600 sqm Leroy Merlin DIY store and a 3,500 sqm Saturn electronics
store. It also houses a large number of important fashion brands such
as H&M, the Inditex Group (Zara, Bershka, Stradivarius, Pull & Bear,
Massimo Dutti), C&A and LPP Group (Reserved, Mohito, Sinsay, Cropp,
House and Home&You). In addition, Tommy Hilfiger and New Yorker are
among many brands which have chosen Atrium Felicity as the location
for their first stores in Lublin in Atrium Felicity.

In line with changing consumer habits and in order to create a
dominant family or social destination centre Atrium Felicity has a
comprehensive leisure offering with 15 cafés and restaurants, as well
as free wifi which both encourages dwell time and allows visitors to
be fully interactive with the centre's own marketing activities and
those of its tenants. In addition, the shopping centre will host a
nine screen Cinema City complex which will be the first in Lublin and
only the second in Poland to offer the new 4D experience.

Atrium Felicity has been designed and constructed in line with the
up-to-date standards of efficiency and sustainability, and an
application has been made for a BREEAM rating.

Rachel Lavine, Chief Executive Officer of Atrium, commented: "The
opening of the Atrium Felicity shopping centre today is an important
milestone in both Atrium's history, being the first major greenfield
development, and for the City of Lublin, as its largest and most
modern retail and leisure centre. The fact that Atrium Felicity has
been delivered almost fully occupied to such a wide range of strong
international and regional retail brands is testament to the quality
and location of the centre itself and the hard work and expertise of
our leasing teams. I am confident that Atrium Felicity will be a
great success and be seen as an exciting and desirable retail and
leisure proposition for both residents of and visitors to Lublin."

For further information:
FTI Consulting Inc.:

+44 (0)20 7831 3113

Richard Sunderland
Will Henderson
Nick Taylor
atrium@fticonsulting.com

About Atrium European Real Estate

Atrium is a leading real estate company focused on shopping centre
investment, management and development in Central and Eastern Europe.
As at 31 December 2013 the Group owned 153 shopping centres and
retail properties, with a market value of EUR2.4 billion, diversified
across seven countries with a total gross lettable area of 1.3
million sqm. In 2013, Atrium produced a gross rental income of
EUR203.5 million.

Prior to the opening of Atrium Felicity, Atrium owned 22 properties
in Poland with a gross lettable area of 423,000 sqm and a market
value of EUR1.2 billion.

The Company is based in Jersey and dual listed on the Vienna and
Euronext Amsterdam Stock Exchanges under the ticker ATRS.

This press release appears as a matter of record only and does not
constitute an offer to sell or a solicitation of an offer to purchase
any security.

Atrium is established as a closed-end investment company domiciled in
Jersey. Atrium is registered with the Dutch Authority for the
Financial Markets as a collective investment scheme which may offer
participations in The Netherlands pursuant to article 2:66 of the
Financial Supervision Act (Wet op het financieel toezicht). All
investments are subject to risk. Past performance is no guarantee of
future returns. The value of investments may fluctuate. Results
achieved in the past are no guarantee of future results.

Further inquiry note:
FTI Consulting Inc
+44 (0)20 7831 3113
Richard Sunderland
Will Henderson
richard.sunderland@fticonsulting.com

end of announcement euro adhoc
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company: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English