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28 May 2012

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Gazit's Atrium swings back to profit, eyes E800m spend

Amsterdam-based CEE mall developer Atrium European Real Estate, controlled by Israel's Gazit Globe, will start its first major development since the global crisis this year, and make further acquisitions of up to E800m. It swung into 2010 net profit of E111m, reversing a massive E449m loss in 2009. CEO Rachel Lavine said Atrium plans further acquisitions

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