In 2002, Meinl Bank floated MEL on the Vienna Stock Exchange. After flotation, the value of MEL grew steadily; Meinl Bank orchestrated for the company nine subsequent capital increases that raised a total of €4.4bn, each at a higher share price than before. At its peak in June 2007, MEL had a market capitalisation of €6.4 billion.
At the end of 2007, the last full year of the management of MEL by Meinl Bank, MEL owned a portfolio of 167 investment properties in Poland (19), Russia (6), Czech Republic (102), Hungary (25), Slovakia (3), Turkey (2), Latvia (1) and Romania (1). These properties had a combined value of €1.9 billion and generated goss rental income in 2007 of €120 million. In addition, there were a further €0.8 billion of investment properties under development and an expected surplus on development of €1.3 billion, making a total real estate value of €3.9 billion.
In August 2008, Meinl Bank ended its relationship with MEL, which continued independently as Atrium European Real Estate.