On April 5, 2023, Scope Ratings upgraded Appeninn's credit rating from 'B' to 'B+' and its bond rating from 'B-' to 'B+'. The company's shares are traded in the premium category of BSE.

From Appeninn Group by 142 percent in 2023, Increased rental income from real estate to €19.49 million, profit after tax rose to EUR 22.76 million, the company told MTI on Friday. The 63 percent rise in profit after tax also included the impact of property revaluations and the amount of deferred tax liabilities. 

The statement recalls that the Appeninn Group sold its last tourism interest in early 2023, and in February it acquired the Zone shopping centre in Székesfehérvár and Zalaegerszeg, as well as the Kanizsa Centrum shopping centre in Nagykanizsa.

As the next major step in the development of its commercial real estate portfolio, and its first foreign transaction, in March 2023 it acquired the shares of Dounby Sp. z.o.o., the owner of office buildings C, D, E and F in Wisniowy Business Park in Warsaw.

A Scope Ratings On 5 April 2023, Appeninn's credit rating was upgraded from 'B' to 'B+' and its bond rating from 'B-' to 'B+', mainly based on the assessment of the transactions under a conservative financing structure, the summary highlighted.

Györgyi Szűcs, CEO of Appeninn Plc, said in a statement that they are looking for additional commercial properties in Hungary and Central Europe and are continuing to review and value existing assets. "Based on this, we will decide which properties will be put up for sale and which we plan to keep in the longer term," the CEO said.

The company's shares are traded in the premium category of the BSE, closing at 606 forints on Thursday, having reached a minimum of 133.50 forints and a maximum of 612 forints in the past year.