Atrium European Real Estate, the Central and Eastern European shopping centre specialist, has announced a pre-tax loss of EUR 924 mln for the year to end-December 2008. This amounts to a loss per share of EUR 3.954. The losses consisted of EUR 276 mln in termination costs to the previous management company, EUR 434 mln in devaluations and an impairment of EUR 231 mln.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
