The international credit rating agencies S&P Global Ratings (S&P) and Fitch Ratings (Fitch) have assigned long-term issuer ratings to Akropolis Group UAB, the leading shopping and entertainment centre development and management company in the Baltic countries.
In May, 2021 Fitch has assigned Akropolis Group a long-term issuer rating of “BB+” with a stable outlook, and S&P has assigned a “BB+” long-term issuer credit rating with a negative outlook. In October, 2021 S&P positively revised the outlook of Akropolis Group’s credit rating BB+ to stable.
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Nominal 100,000 EUR / 1,000 EUR *
Issue value 300,000,000 EUR
Listing date 02.06.2021
Maturity date 02.06.2026
Coupon rate (%) 2,875
Next coupon payment date 02.06.2022
Name: AKROPOLIS GROUP, UAB
Core business: Shopping and entertainment centre development and management
Date of registration: 30th July 2010
Auditor: UAB "PricewaterhouseCoopers"
Management Board: Manfredas Dargužis (Chairman); Jurgita Žagunytė-Genevičienė, Karolis Kunigėlis
AKROPOLIS GROUP, UAB is the leading Baltic States shopping and entertainment centre development and management company in the. The Group develops real-estate projects as well as manages and leases shopping and entertainment centres and offices in Lithuania and Latvia. AKROPOLIS GROUP, UAB is the owner of Akropolis Real Estate B.V., which owns the companies UAB Ozo turtas, UAB Taikos turtas, UAB Aido turtas and SIA M257 that manage the Akropolis shopping malls in Vilnius, Klaipėda, Šiauliai Lithuania and Riga Latvia. Currently group employs 113 employees. The first Akropolis shopping and entertainment centre, the largest in the Baltics, was built in Vilnius in 2002. Over 19 years AKROPOLIS GROUP, UAB has developed 5 shopping centres in Lithuania and Latvia. Currently AKROPOLIS GROUP, UAB manages 262,000 sq. m. of retail and office GLA throughout the Akropolis shopping centres in Vilnius, Klaipėda, Šiauliai and Riga. The annual Group’s shopping and entertainment centres visitor footfall amounts to 41 million.
Address: Ozo st. 25, Vilnius, Lithuania
Internet webpage: www.akropolis.eu