Name of company
Atrium European Real Estate Limited
Name of President or Managing Director for the region
Liad Barzilai
President or Managing Director for the region profile
Liad was appointed as Group Deputy Chief Executive Officer on 21 December 2016 and took over the role of Group Chief Executive Officer on 23 February 2017. Liad was previously with the Atrium Group from 2008 until November 2015, latterly in the position of Group Chief Investment Officer responsible for the Group’s pipeline of acquisitions and divestments, and from November 2015 until his appointment to Atrium held the role of Chief Investment Officer with Gazit-Globe.
Regions active in (in which countries the company operates)
Poland, the Czech Republic, Slovakia and Russia
Portfolio of all properties currently held by your company
Czech Republic
Arkady Pankrac, Prague
Atrium Flora, Prague
Palac Pardubice, Pardubice
Poland
Atrium Biała, Białystok
Atrium Copernicus, Toruń
Atrium Gama, Radom
Atrium Gdynia, Gdynia
Atrium Kasztanowa, Piła
Atrium Molo, Szczecin
Atrium Mosty, Płock
Atrium Olkusz, Olkusz
Atrium Plejada, Bytom
Atrium Płock, Płock
Atrium Promenada, Warsaw
Atrium Reduta, Warsaw
Atrium Siemianowice, Siemianowice Śląskie
Atrium Świętochłowice, Świętochłowice
Atrium Targówek, Warsaw
Focus Bydgoszcz, Bydgoszcz
Galeria Dominikańska, Wrocław
Kaufland, Płock
King Cross Praga, Warsaw
Wars Sawa Junior, Warsaw
Slovakia
Atrium Duben, Zilina
Atrium Optima, Kosice
Russia
Atrium’s Park House Brateevo, Moscow
Atrium’s Park House Kazan, Kazan
Atrium’s Park House Sygnalnyi, Moskow
Atrium’s Park House St.Petersburg, St. Petersburg
Atrium’s Park House Togliatti, Togliatti
Atrium’s Park House Volgograd, Volgograd
Atrium’s Park House Yakaterinburg, Yakaterinburg
Office projects included in the portfolio
Atrium owns approx. 55, 000 sqm of office space located along our retail space with largest being Atrium Flora and Wars Sawa Junior department stores.
The value of office properties held by investor (in EUR)
Not applicable.
Retail projects included in the portfolio
Czech Republic
Arkady Pankrac, Prague
Atrium Flora, Prague
Palac Pardubice, Pardubice
Poland
Atrium Biała, Białystok
Atrium Copernicus, Toruń
Atrium Gama, Radom
Atrium Gdynia, Gdynia
Atrium Kasztanowa, Piła
Atrium Molo, Szczecin
Atrium Mosty, Płock
Atrium Olkusz, Olkusz
Atrium Plejada, Bytom
Atrium Płock, Płock
Atrium Promenada, Warsaw
Atrium Reduta, Warsaw
Atrium Siemianowice, Siemianowice Śląskie
Atrium Świętochłowice, Świętochłowice
Atrium Targówek, Warsaw
Focus Bydgoszcz, Bydgoszcz
Galeria Dominikańska, Wrocław
Kaufland, Płock
King Cross Praga, Warsaw
Wars Sawa Junior, Warsaw
Slovakia
Atrium Duben, Zilina
Atrium Optima, Kosice
Russia
Atrium’s Park House Brateevo, Moscow
Atrium’s Park House Kazan, Kazan
Atrium’s Park House Sygnalnyi, Moskow
Atrium’s Park House St.Petersburg, St. Petersburg
Atrium’s Park House Togliatti, Togliatti
Atrium’s Park House Volgograd, Volgograd
Atrium’s Park House Yakaterinburg, Yakaterinburg
The value of retail properties held by investor (in EUR)
2.7 billion Euro
Warehouse projects included in the portfolio
Not applicable.
The value of warehouse properties held by investor (in EUR)
Not applicable.
The largest purchase transactions between October 2018 and September 2019 (subject of the transaction, its total take up area and value in EUR)
On 24 October 2018, Atrium European Real Estate completed the purchase of the Wars Sawa Junior in Warsaw for 301.5 million euro.
In June 2019, Atrium European Real Estate purchased fifth Warsaw asset – King Cross shopping centre, for 43 million euro.
Future plans
We focus today only on growing urban areas with high population density, are replacing secondary cities for the central cities, constantly changing the tenant mix and adapting it to the new age – more leisure time and going out, restaurants, entertainment, businesses that withstand a recession such as medical clinics and various services.
It is necessary not only to optimize tenant-mix by diversifying the offer and proposing unique features that will allow to distinguish the shopping center from the competitor. Modernizations of the architecture and interior design are also important so that spending time becomes an interesting and pleasant experience.
Acquisition activity across the CEE real estate markets between October 2018 and September 2019
On 24 October 2018, Atrium European Real Estate completed the purchase of the Wars Sawa Junior in Warsaw for 301.5 million euro.
In June 2019, Atrium European Real Estate purchased fifth Warsaw asset – King Cross shopping centre, for 43 million euro.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
For a number of years Atrium’s ongoing strategy has been to reposition our portfolio towards large, high quality dominant retail centres in prime urban locations and capital cities. As a result of recent activity 83 percent of our portfolio is now focussed on the two strongest economies in Central Europe, Poland and the Czech Republic. And, importantly, over 50% is in central locations in the capital cities of Warsaw and Prague.
In addition, we have undertaken a substantial amount of development and refurbishment at many of our malls, adding entertainment and leisure areas, such as food courts, cinemas and other activities. This has allowed us to turn them into real leisure destinations which increases visitor numbers and promotes retail spend.
We’ll continue to follow a strategy that looks to dominant schemes in good locations in built-up areas.
