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News Release

Prague

Jones Lang LaSalle Prague to provide property valuation services to Atrium European Real Estate

Jones Lang LaSalle instructed to value Atrium´s property portfolio in the Czech Republic and Slovakia 


 

Prague, July 2012 — Jones Lang LaSalle is pleased to announce that it has recently been appointed to work with Atrium European Real Estate, a leading owner, operator and developer of shopping centres in the CEE region. Jones Lang LaSalle will value Atrium´s property portfolio in the Czech Republic and Slovakia, which comprises a total of 98 retail centres in the Czech Republic (including supermarkets/ hypermarkets, local amenity retail centres and shopping centres with ‘Atrium Flora’, an established and prominent shopping centre in Prague, being its flagship) and three retail properties in Slovakia (two established shopping centres and one local retail centre).   
 
Dr. Nils-Christian Hakert Chief Operating Officer at Atrium European Real Estate comments: “We have chosen Jones Lang LaSalle to carry out valuation work on our portfolio in the Czech Republic and Slovakia as a part of our best practice approach and policy of rotating our external valuers.  We are impressed by the depth of knowledge and experience of the firm, which also undertakes valuations on our Russian properties. We look forward to working with them in the Czech Republic and Slovakia. “
Robert Brydone, Head of Valuation at Jones Lang LaSalle Prague, adds: “'We are delighted to secure the valuation of the Atrium European Real Estate portfolio. Our strength in the Czech Republic and Slovakia means that we are able to provide Atrium with a wealth of expertise from our in-country valuation teams. We are looking forward to working with Atrium European Real Estate and to developing a long-standing business relationship.”

 
 

About Atrium European Real Estate
Atrium European Real Estate is a leading owner, operator and developer of shopping centres in Central and Eastern Europe. Atrium owns a EUR2.1 billion portfolio of 155 primarily food-anchored retail properties and shopping centres with 1.2 million m2 of GLA. These properties are located predominantly in Poland, in the Czech Republic, Slovakia and Russia. In addition, Atrium owns a EUR0.6 billion development and land portfolio. Atrium has dual listings on the Vienna and NYSE Euronext Amsterdam Stock Exchanges. For more information please visit www.aere.com.