ATRIUM PROMOTES SCOTT DWYER TO GROUP COO

Jersey, 16 August 2017: Atrium European Real Estate Limited (VSE/Euronext: ATRS), ("Atrium" or the "Company" and together with its subsidiaries, the "Group"), a leading owner, operator and redeveloper of shopping centres and retail real estate in Central and Eastern Europe, is pleased to announce that it has promoted Scott Dwyer to the position of Group Chief Operating Officer, effective 1 October 2017.

Originally from Australia, Scott has been CEO of Poland at Atrium since joining the Group in October 2014, with responsibility for overseeing all aspects of the Group's Polish operations and building on Atrium's success in establishing itself as one of the country's leading owner-operators of dominant shopping centres. As such, he has been instrumental in implementing Atrium's major redevelopment and extension programme across its three flagship assets in Warsaw, further improving the €1.5 billion Polish portfolio.

Scott has over 20 years' experience in Central and Eastern European markets with several senior executive roles within the real estate industry. Previously he was at Heitman International as Portfolio Manager overseeing its European real estate business. From 2009-2012, Scott was General Manager at ING Real Estate Development with core responsibilities for CEE, Germany, Switzerland and Italy, together with heading retail across the business. From 2002 Scott spent seven years with Rodamco Europe/Unibail-Rodamco expanding and managing its CEE portfolio as Managing Director Central Europe.

Scott has a Business degree from the University of Technology Sydney and is a qualified CPA.

Liad Barzilai, Group Chief Executive Officer, said: "Over the past three years, Scott has made a significant contribution to Atrium's portfolio repositioning strategy as head of our biggest market in Poland. He has proven himself a valuable asset to the Group and we are very pleased that he is taking on this important role of Group COO at a time when we have strong momentum behind us in driving quality returns for our shareholders."

For further information:

FTI Consulting Inc: +44 (0)20 3727 1000

Richard Sunderland

Claire Turvey Ellie Sweeney

atrium@fticonsulting.com

The Company is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Commission as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. 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.

Atrium European Real Estate Ltd. published this content on 16 August 2017 and is solely responsible for the information contained herein.
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