Funds and ETFs Akelius Residential Property AB

Equities

AKEL D

SE0013110186

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm 11:22:39 2024-04-29 am EDT 5-day change 1st Jan Change
1.656 EUR -0.72% Intraday chart for Akelius Residential Property AB -1.78% +8.24%
Akelius Residential Property publ AB, formerly Akelius Residential publ AB, is a Sweden-based company active in the real estate sector. It purchases, develops, upgrades and manages residential properties. The Company operates in Sweden, Germany, Canada, the United States and France. Its portfolio includes approximately 41 thousand apartments, located in larger cities, such as Toronto, New York, Hamburg, Berlin, Paris, Stockholm and Gothenburg, among others. The Company's policy is based on the cherry picking strategy, comprising small purchases of apartments with renovation potential, located in developing cities, districts and suburbs; the upgrade of rental apartments to First Class, the standard level of newly built flats; and the sale of turnkey properties. The Company is a parent entity of the Akelius Fastigheter group.
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