In the first half of 2025, Akropolis Group focused on renovation and revamping of shops, improving the offer of goods and services, the tenant turnover also grew

The five shopping and entertainment centres managed in Lithuania and Latvia by Akropolis Group, a shopping and entertainment centres development and management company, maintained stable visitor footfall in the first half of 2025, amounting to 21 million visitors in total. The tenants’ turnover reached the record high of EUR 558.9 million and was 1.8% more than for the same period last year.

“This half a year was particularly intense and successful for the entire team: from significant renovations and improvements in the current shopping centres, obtaining construction permits for further developments to a particularly strong presence in the capital markets. I greatly appreciate the trust we get from visitors of our shopping centres, as well as the consistently growing partnership with our tenants and their increasing results. This only confirms that we are on the right track, and we plan to maintain this momentum,” says Gabrielė Sapon, the CEO of Akropolis Group.

Consolidated rental income of Akropolis Group amounted to EUR 46.3 million in the first half of 2025 and grew by 5.4% compared to the first half of 2024. The rental areas vacancy rate remained extremely low – 1.3%, while it was 1.9% in the same period last year. The Group’s revenue amounted to EUR 63.3 million and grew by 4.4% over the comparable period, its earnings before interest, tax, depreciation, and amortisation (EBITDA) were EUR 44.3 million or 3.4% more than for the same period last year.

Over 70 new and revamped shops

In the first half of this year, more than 70 shops were opened or revamped in the five shopping and entertainment centres Akropolis and Akropole operated by Akropolis Group.

“In the first half of this year, more shops were opened or renovated in Akropolis centres than in the same period last year – over 70, compared to 66 last year. This shows the tenants’ trust in the shopping and entertainment centres we manage. Each new or revamped shop or entertainment space, especially if it is the only one of a kind in the city, becomes an even more attractive choice for our visitors. We are constantly striving for Akropolis centres to be the place where visitors can find the latest global trends in fashion, technology or leisure,” says G. Sapon.