AKROPOLIS GROUP

🎄✨ Your love – the most important Christmas gift ✨🎄 This festive season, Akropolis invites to remember what truly matters—the gift of love. Whether it’s the attention and care we show to our family, friends, or even those who cannot help themselves, love is the essence of Christmas. Our Christmas campaign celebrates this message with a heartwarming story about the bond between a dog and its owner. Ricotta, a little dog rescued from an illegal puppy mill three years ago, plays a small dog who dreams of joining a sled race with huskies, driven by her love for her owner. 🐾 Through their journey, we are reminded that the simplest gestures of love create the long-lasting memories. And while love is the greatest gift, everything else you might need to make your holidays magical can be found at Akropolis shopping centres. Special thanks to our partners – creative agency Not Perfect Vilnius and production house Dansu Let’s make this season special, together. 💚 #Akropolis #ChristmasWithLove #GreatestGift

Gabrielė Sapon has been appointed as the CEO of Akropolis Group. She has been with the company since 2017, serving as CFO for the last 4 years and as Board member since 2022, and brings extensive experience to her new role. Gabrielė expresses gratitude for the trust placed in her and emphasized the importance of teamwork in driving the company’s growth. She will be working closely with Nerijus Maknevicius, who continues as the Chairman of the Board and will remain actively involved in strategic decision-making. We also welcome Ernesta Grikinaitė-Bartkevičė as the new CFO of Akropolis Group. Ernesta has been part of the company since 2021, serving as Financial Controller and most recently as Senior Financial Controller. Congratulations to Gabrielė and Ernesta on their new roles, as we look forward to seeing Akropolis Group continue to grow under their leadership! Read more: https://bit.ly/3CKxONI 

Akropolis brand in Lithuania and Akropole brand in Latvia received the highest ratings in the Baltic Brands survey. 🏆 For the first time, the Akropolis brand has made it into the TOP 10 most loved brands in Lithuania. In the shopping center category, it was honored as the Most Loved, Most Entertaining, and Most Humane brand. 🏆 Similarly, in Latvia, Akropole received the same accolades in the shopping center category, being recognized as the Most Loved, Most Entertaining, and Most Humane brand. Thank you to everyone who supports and trusts us! We are committed to continuing to provide the best shopping experiences for our visitors in Lithuania and Latvia.

Shopping centres managed by Akropolis Group had 21.1 million visitors in Lithuania and Latvia during the first half of 2024. The tenants’ turnover reached historical highs and amounted to almost EUR 550 million.   Almost 70 new and revamped shops opened during the period, keeping the rental areas vacancy rate at very low 2%. Based on consolidated data, the rental income of Akropolis Group, amounted to EUR 43.9 million and grew by 8.5% compared to the first half of 2023. The Group’s earnings before interest, tax, depreciation, and amortisation (EBITDA) were EUR 42.8 million and grew by 7% over the comparable period. To read more about Akropolis Group results please follow the link: https://bit.ly/47nU2QQ

Kaspars Beitiņš, who played a key role in the design, construction, and opening of shopping center AKROPOLE Rīga from 2012 to 2019, has been appointed as the new CEO and Board Member of SIA Akropole Rīga. SIA Akropole Rīga, a subsidiary of Akropolis Group, which manages AKROPOLE Rīga and AKROPOLE Alfa shopping centers in Riga, Latvia. With 20 years of experience in real estate, including leadership of SIA Galio Development over the past five years, Kaspars brings a wealth of expertise to his new role, which he will take on while continuing to lead Galio Development. Congratulations to Kaspars on this new chapter! Read more: https://bit.ly/3ATTsOI

The Vilnius City Municipality issued a document permitting construction for the multifunctional complex Akropolis Vingis. In parallel, detailed technical projects for traffic infrastructure improvement projects in the surrounding area of the complex have also been presented to the municipality in order to obtain documents permitting construction for them. As we move forward, the next project steps include obtaining all necessary construction permits for infrastructure projects, preparation of detailed project implementation plans and selecting the optimal financing solutions. Read more: https://bit.ly/3AT0pzi

A new 480 sqm commercial building with an investment of around EUR 1 million has been completed nearby Akropolis Vilnius. It houses an expanded sports and athleisure store Sportland. The previous store was extended by merging it with the new building, increasing the store's area and making it the largest and most modern Sportland store in Lithuania. Read more: https://bit.ly/46ZiHec

Akropolis Group 2023 results: growth in visitor numbers, tenant turnover and EBITDA. Five shopping and entertainment centres operated by the Group in Latvia and Lithuania were visited by more than 44 million visitors in 2023, 7% more than in 2022. Higher visitor flows have had a positive impact on the turnover of shopping centre tenants, which reached almost EUR 1.2 billion last year and was 7% higher than in 2022. Over 100 new and revamped shops opened, while 2023 rental income of Akropolis Group increased by 12% to EUR 84 million (EUR 75.1 million in 2022) and its earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 83.1 million (EUR 71.9 million in 2022). To read more about Akropolis Group 2022 results please follow the link: https://bit.ly/440rPxN

All five Akropolis shopping and entertainment centers in Lithuania and Latvia are now pet-friendly 🐾. Whether our visitors and their furry companions are just enjoying cappuccino/puppuccino or exploring the latest fashion trends, everyone is welcome to experience the joy of shopping and entertaining with their beloved pets by their side. Also, more and more tenants in Akropolis are joining the initiative every day, so, look out for the special pet-friendly emblem marking these spaces. #PetFriendly #AkropolisGroup

We are beginning the construction of a new retail building near Akropolis Vilnius. The upcoming 480 sq. m structure will house an expanded Sportland store. With an investment of approximately 1 million euros, this development reflects our commitment to enhancing the shopping experience for our valued customers. Read more in the article: https://bit.ly/3vFcINd #AkropolisGroup #AkropolisVilnius #Sportland