Akelius Residential Property AB (publ)
AKEL-D.ST
Stockholm Stock Exchange1.85
EUR
- -
- -
Akelius Residential Property AB (publ)
AKEL-D.ST
(Stockholm Stock Exchange)
Recent
price
1.85
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Akelius Residential Property AB (publ) is a Swedish residential real estate company specializing in the acquisition, development, upgrading, and management of rental apartments. Founded in 1994 and headquartered in Stockholm, Akelius focuses its operations on major metropolitan cities in North America and Europe, including New York, Boston, Washington D.C., Toronto, Montreal, Québec City, Ottawa, Paris, and London. The company provides modern, high-quality rental apartments typically located near green spaces, parks, efficient transportation systems, and low-crime neighborhoods. Akelius also emphasizes sustainability through initiatives such as converting heating systems from gas to electric, adding solar panels, and promoting energy-efficient building certifications like BOMA Best. The company invests in digitalization by developing proprietary applications tailored to enhance tenant services and operational efficiency. Akelius' core products and services include acquiring residential properties; renovating and upgrading apartments and common areas; leasing and managing rental apartments; and digital property management solutions. The portfolio primarily consists of rental apartments targeting urban populations seeking quality living environments in prime locations. The company’s asset management includes continuous upgrades aimed at increasing tenant satisfaction and sustainability. Recent major changes include a strategic move in early 2025 where Akelius Apartments, a wholly-owned subsidiary of Akelius Foundation, acquired a controlling stake exceeding 90 percent of Akelius Residential Property AB in a public cash offer. Following this, Akelius Apartments initiated a compulsory redemption procedure to acquire the remaining shares and applied for delisting from the Nasdaq First North Growth Market, with the last trading day being April 7, 2025. Additionally, in the prior years, Akelius divested a significant portfolio of around 599 properties with 28,776 homes located in Sweden, Germany, and Denmark to Heimstaden Bostad for approximately SEK 92.5 billion (€9.1 billion). This transaction reflects a strategic focus on urban centers in North America and selective European markets. Akelius continues to expand and optimize its residential holdings in key cities through targeted acquisitions and sustainable property management. Akelius operates primarily in the residential real estate sector, serving urban renters including professionals and families seeking long-term rental housing. Its geographic focus is mainly on major cities across North America and select European markets. The company’s comprehensive approach covers property acquisition, modernization, leasing, and sustainable asset management. It is recognized for its commitment to sustainability, digital innovation, and providing attractive living environments in high-demand areas.