KAUNAS AKROPOLIS

 
 
Location Kaunas – Lithuania’s second largest city
Population: 331.000
AKROPOLIS is situated in the downtown area
Catchment area: 2 million people per hour
Address: Karaliaus Mindaugo Blvd. 49
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Project facts:
Date opened 2007, April
Retail GLA 61.600 m2
Tenants 260
Parking 2.400 units
Visitors 2008 14,02 million
Turnover 2008 2.642 EUR/m2/year (2008) incl. VAT
Website  www.akropolis.lt
Sold to Deka Immobilien GmbH 2008, September
 

The Kaunas AKROPOLIS was finished and opened in 2007 and is located in a 4-storey building with the gross area of over 80.000 m2 that is located in the city centre. The property features 260 operators – retailers, restaurants and cafés, entertainment providers. The tenant mix includes MAXIMA XXX, Zara, Apranga, New Yorker, Sportland, Elektromarkt, Mexx, Esprit and S.Oliver brands. The shopping centre also comes with an ice skating arena surrounded by a food court, a bowling alley and a cinema.

The Kaunas AKROPOLIS is located close to a lot of business and public landmarks right in the middle of Mindaugas Boulevard – the city’s main street. It is a 500 metres away from the pedestrian lane – Laisvės Avenue, and development of a variety of large-scale projects is underway in the surrounding neighbourhoods.

During 2008 year the Kaunas shopping and entertainment centre AKROPOLIS had 14,02 million visitors.

In September of 2008, the stock of the company that manages the buildings of the Kaunas AKROPOLIS was acquired by the German company Deka Immobilien GmbH that represents the real estate fund WestInvest InterSelect.

Kaunas Akropolis is managed by Re&Solution Property Management that currently manages over 80 commercial objects with total area of over 500.000 sq.m all over the Baltic States, working with more than 1.700 tenants, and more than 90 facility maintenance companies. The main clients in the Baltics are the largest regional and international investors, such as Deka, Homburg, Baltic Property Trust and many others.

Re&Solution Property Management belongs to Re&Solution Group. Company is also a part of Newsec – The Full Service Property House in Northern Europe with over 20 offices in 8 countries, and an alliance partner of global real estate advisory business leader Jones Lang LaSalle in the Baltic region. For more information please visit www.resolutionpropertymanagement.eu.

Tenants:
- Supermarket MAXIMA XXX
- International apparel, footwear and cosmetics stores
- Food court: 2.800 seats
- Ice skating arena
- Cinema: 7 halls
- Bowling: 20 lanes


Tenants
 
Kaunas shopping and entertainment capital AKROPOLIS
Karaliaus Mindaugo Blvd. 49, LT-44333 Kaunas, Lithuania
Info line: 1588

Manager Daiva Dankšienė
Tel. +370 611 49 756
Fax. +370 37 214 471
E-mail: akropolis@newsec.lt

For rent:

Head of letting department
Rida Tamkovidaitė
Tel. +370 620 49 430
E-mail: r.tamkovidaite@newsec.lt