Akropolis Group acquires Galio Group, diversifies real estate portfolio

Published 25/09/2025, 16:58
Akropolis Group acquires Galio Group, diversifies real estate portfolio

VILNIUS - Akropolis Group, a Baltic shopping and entertainment centers operator, has completed its acquisition of real estate developer Galio Group, the company announced in a press release Thursday.

The transaction increases the value of Akropolis Group’s managed real estate portfolio by approximately 30%, from €1.1 billion to €1.4 billion, while expanding its number of income-producing properties from 5 to 60.

"This transaction ensures stable revenue growth and more development opportunities in the future," said Gabrielė Sapon, CEO of Akropolis Group. "This acquisition of one of the leading real estate managers and developers in the country has enabled us to increase the value of the real estate portfolio under our management by about 30%, also to diversify this portfolio across different asset classes and to strengthen our real estate development competences."

The acquisition marks a significant shift in Akropolis Group’s portfolio composition, reducing the concentration of shopping centers from 96% to 73% of total portfolio value.

Prior to the acquisition, Akropolis Group managed five shopping and entertainment centers - three in Lithuania (Vilnius, Klaipėda, and Šiauliai) and two in Latvia (Akropole Riga and Akropole Alfa in Riga).

Galio Group, which has operated in the Baltic region for nearly 20 years developing commercial and residential real estate projects, manages assets exceeding €300 million. According to the statement, the company will continue to develop real estate projects in the Baltic States, including the ongoing reVINGIS and Mosso residential projects in Vilnius.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.