In 2024,⁤ more than 44 million people visited five shopping and entertainment⁣ centers managed by Akropolis Group in⁣ Lithuania and Latvia. Tenant turnover exceeded €1.2 billion, and more than 130 new and renovated shops opened. The Akropolis Group’s consolidated EBITDA reached €87.8 million.

Consolidated rental income for Akropolis Group reached €91.4 million in 2024, a 9% increase from €84 million in ⁣2023. The group’s earnings before interest, taxes, depreciation, and‍ amortization ⁣(EBITDA) totaled €87.8 ⁤million, up 6% from⁤ €83.1 million the previous year.

The occupancy rate across all Akropolis⁤ centers remains high, with 98.3% of the area leased. Credit ratings for Akropolis Group were reaffirmed at BB+ with a stable outlook ⁣by S&P Global Ratings and‍ fitch Ratings in 2024. The company⁣ says this confirms the group’s stability and responsible financial ⁣management.

Akropolis group completed the interior ⁣renovation‍ of Klaipėda acropolis in 2024, investing €8 million in the project. The renovation included upgrades too more than⁤ 11,000 square meters of common areas, modern childcare facilities, and renovated amenities. Tenants also made significant changes,⁢ including the ‍rebuild of a ⁣Maxima supermarket, the expansion of the Jumpland trampoline and entertainment ⁤park, and⁣ the introduction of a new Action! By ‍Apollo⁤ entertainment venue.Sportland also introduced its largest concept store in Lithuania.

A total of 135 ⁣new and ⁤renovated shops, services, and entertainment ⁢venues opened across the five Akropolis shopping malls, ⁢including 90 in Lithuania and 45 in Latvia.

We are pleased‍ that Akropolis‍ attracts both brands entering the Baltic States for the first time and established⁣ brands looking to develop and open their latest concept stores.⁤ These additions not only enhance the‍ variety of offerings at our centers but⁤ also improve the visitor experience and create added value for both visitors and our tenants.

A renovation project is underway on the second floor of Vilnius acropolis. The Akropolis Group’s development plans include‍ the “Akropolis Vingis” multifunctional complex in Vilnius. The vilnius⁤ City Municipality⁢ issued a construction ⁢permit for the building in August 2024 and is expected ⁣to approve the external traffic infrastructure improvement project.⁣ Following this approval, the‍ company will update cost estimates⁣ for public infrastructure⁤ improvements and review the project’s ⁣investment plan.

Akropolis Group ⁣has also focused on sustainability.⁤ In January 2025, the Vilnius, Klaipeda, and Šiauliai Akropolis ⁣centers⁤ were⁣ certified under the International BREEAM in-USE standard. All five⁢ Akropolis-managed shopping⁣ malls now hold BREEAM certificates at the “very good” level.

Our goal was to ⁢achieve a ‘very good’ rating for all shopping malls under group management by 2026. We ‍are ⁣pleased to have reached this⁤ ambitious goal ahead of schedule. We are actively managing water consumption and optimizing the waste management system.

In early 2025, Akropolis Group developed a “Green Funding Program,” which received a positive evaluation. This program aims to ⁤link ⁣the company’s sustainability objectives more closely to its financial activities, enabling the financing or refinancing of projects⁢ that meet ⁣sustainability criteria using green funding tools.