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  • Akelius Residential Property AB
    Box 104 182 12 Danderyd Sweden
    +46-8-566 130 00
    +46-8-566 130 80
    http://www.akelius.com

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    disposing remaining Castellum shares to its parent

    Akelius Residential Property AB has agreed to sell its remaining 51,800,760 shares in Castellum. The buyer is Akelius Apartments Limited,and the agreed price is SEK 130 per share.   Akelius Residential Property AB does not hold any shares in Castellum after the sale.   Akelius Residential will remain the owner of the shares in Castellum until such time as relevant government authority approvals have been granted, i.e. approval from the Inspectorate of Strategic Products (ISP).Such approval is expected during the first calendar quarter of 2025.  CEO, Ralf Spann · The

    interim report 2024, January to September

    16.2 percentnet operating income growth,like-for-likerental income growth of 7.2 percent,like-for-like Rental income was EUR 265 million,an increase of 7.4 percent compared to the same period 2023. The trend in rental income growth continues,the like-for-like increase was 7.2 percent.Strong demand for Akelius’ apartments andcompletion of capital projects are key drivers. The like-for-like net operating income growth was 16.2 percent.  Increasing new lease levels,the higher occupancy rates and high level of cost awareness support the growth. real vacancy rate 1.

    disposing Castellum shares to its parent company

    Akelius Residential Property AB has agreed to sell 14,800,000 shares in Castellum. The buyer is Akelius Apartments Limited,and the agreed price is SEK 145 per share.   Akelius Residential Property AB holds after the sale, 51,800,760 shares in Castellum.CEO, Ralf Spann - We will use the proceeds to repay maturing debt.  The shares stay in the Akelius Group with Akelius Apartments Limited.  Berlin, 2024-09-11 Ralf SpannCEO+49 173 643 65 90ralf.spann@akelius.de Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.

    interim report 2024, January to June

    18.7 percentnet operating income growth,like-for-likerental income growth of 7.6 percent,like-for-like Rental income was EUR 176 million,an increase of 7.9 percent compared to the same period 2023.  The trend continues with a like-for-like rental income growth of 7.6 percent.Strong demand for Akelius’ apartments andthe completion of capital projects are among the main drivers.  The like-for-like net operating income growth was 18.7 percent.   Increasing new lease levels andthe higher occupancy rates support the growth.   real vacancy 1.3 percent Thanks

    interim report 2024, January to March

    19.4 percent net operating income growth,like-for-likelike-for-like rental income growth of 8.2 percent Rental income was EUR 87 million,an increase of 7.6 percent compared to the same period 2023.The trend in rental income growth continues with a like-for-like rental income growth of 8.2 percent.Strong demand for Akelius’ apartments and the completion of capital projects are among the main drivers. The like-for-like net operating income growth was19.4 percent, despite an increase in costs. Increasing new lease levels and higher occupancy rates support the growth.

    resolutions at the annual general meeting 2024

    At today’s annual general meeting of Akelius Residential Property AB (publ) resolutions were taken to inter alia pay dividends, amend the articles of association, approve the board’s earlier decision to issue class A ordinary shares and to authorize the board to resolve upon new issue of class A ordinary shares. It was hence decided to adopt the profit and loss statement ant the balance sheet as well as the consolidated profit and loss statement and the consolidated balance sheet; in accordance with the proposal of the board to pay dividend to an amount of maximum EUR 0.10 per

    Regional Manager Canada leaves

    Regional Manager Canada Shelly Lee will leave Akelius on 2024-06-08.    Shelly Lee started in Akelius 2013 and became Regional Manager in 2018. The search for a new Regional Manager for Canada has started.Ralf Spann will temporarily act as Regional Manager,in addition to his role as CEO.  CEO, Ralf Spann     -  I would like to thank Shelly for her valuable       contribution and commitment to the Canadian       operations during her tenure       I wish Shelly the best for her future endeavours  Berlin, 2024-04-09 Ralf SpannCEO+49 173 643 65 90ralf.spann@

    Akelius ends credit rating agreement with Fitch

    Akelius has today ended the credit rating agreement with Fitch Ratings.The rating for the entities Akelius Residential Property AB and Akelius Property Financing B.V. will be withdrawn, accordingly.Akelius continues to be rated under the credit rating agreement with Standard & Poor’s.  CEO, Ralf Spann -         We added Fitch in 2021 before the disposal of our portfolio in Sweden, Denmark and Germany Given our strong financial position, there is no need for two ratings Berlin, 2024-04-05 Ralf SpannCEO+49 173 643 65 90ralf.spann@akelius.de  This information is

    notice of annual general meeting 2024

    The shareholders of Akelius Residential Property AB (publ) are summoned to the annual general meeting, 2024-04-18 at 10:00,IVA Konferenscenter, Grev Turegatan 16, Stockholm. The Board of Directors has in accordance with the articles of association resolved that the shareholders shall be able to exercise their voting rights by mail before the annual general meeting. right to participate and registration Shareholders who wish to participate in the meeting in person must be included in the share register kept by Euroclear Sweden AB no later than 2024-04-10 and notify their

    Akelius publishes annual report and sustainability report for 2023

    Akelius Residential Property AB (publ) has today published its annual report and sustainability reportfor 2023.  The document is available on Akelius’ website at https://www.akelius.com/en/investor/reports  Berlin, 2024-03-15  Ralf Spann CEO +49 173 643 65 90 ralf.spann@akelius.de (ralf.spann@akelius.de%0b%0d)  This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the Securities Markets Act.The information was submitted for publication at 10.00am CET on 15 March 2024. Akelius Residential Property

    resolution on new issue, EUR 500 million

    The following resolution has been made by the Board of Directors subject to the later approval from the annual general shareholders’ meeting 2024.The Board has resolved that the company’s share capital shall be increased by not more than EUR 19,265,760.462392 through the issue of not more than 330,000,000 class A ordinary shares. The following terms and conditions apply. 1.         The new class A ordinary shares will be issued at a subscription price of EUR 1.52 per share. The additional subscription amount, i.e. the total subscription amount less the quotient value of the new

    resolutions at the extra general meeting 2023

    At today’s extra general meeting of Akelius Residential Property AB (publ) a resolution was taken to issue extra dividend on the class A ordinary shares in accordance with the Board’s proposal. It was accordingly decided to distribute an extra dividend of EUR 0.225 per class A ordinary share in the form of financial assets such as publicly listed bonds at their respective market valuations on the record date.In total, dividends on class A ordinary shares will be paid in the amount of EUR 1,314,000,000; authorize the Board to determine the record date and payment date for the

    Fitch affirms Akelius BBB rating but changes outlook to negative

    On December 12, Fitch Ratings revised the outlook on Akelius’ credit rating to negative from stable. Akelius’ issuer credit rating has been affirmed at BBB and the senior unsecured rating is affirmed BBB+. The negative outlook reflects the recently announced extra dividend on class A ordinary shares. CEO, Ralf Spann - Akelius continues to be in a very strong financial position, following the guarantee from the owner.  Berlin, 2023-12-12 Ralf SpannCEO+49 173 643 65 90ralf.spann@akelius.de This information is information that Akelius Residential Property AB (publ)

    Akelius Math AB for learning mathematics

    Akelius Foundation has founded a new subsidiary, Akelius Math AB. Akelius Math AB, Chalmers University of Technology, and University of Gothenburg develop Akelius Math Learning Lab together.In this collaboration, teachers and scientists work together to develop education material for learning mathematics.The target group is twelve-year-olds and older. The material will be freely available and be used in schools that lack resources and at refugee camps,for example through UNICEF and UNHCR.The material will be available in multiple languages. Akelius Math AB is responsible

    Akelius lowered to BBB- by Standard & Poor’s

    On December 5, Standard & Poor’s announced a downgrade of Akelius’ credit rating to BBB- from BBB. The credit outlook remains stable. The downgrade relates to the recently proposed extra dividend on class A ordinary shares. CEO, Ralf Spann     - Akelius continues to be in a very strong financial position, following the guarantee from the owner.  Berlin, 2023-12-05 Ralf SpannCEO+49 173 643 65 90ralf.spann@akelius.de This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.The

    notice of extra general meeting

    The shareholders of Akelius Residential Property AB (publ) are summoned to an extra general meeting,2023-12-20 at 10:00, at the Company’s offices, Engelbrektsgatan 9-11, Stockholm. The Board of Directors has in accordance with the articles of association resolved that the shareholders shall be able to exercise their voting rights by mail before the extra general meeting. right to participate and registration Shareholders who wish to participate in the meeting in person must be included in the share register kept by Euroclear Sweden AB no later than 2023-12-12 and notify their

    Akelius proposes extra dividend

    The shareholders of Akelius Residential Property AB will be summoned to an extra general meeting,2023-12-20.A dividend on class A ordinary shares will be proposed of EUR 0.225 per share.No dividend is proposed on the class D ordinary shares. If adopted, a total dividend on class A ordinary shares will be paid in the amount of EUR 1,314 million.Consequently, Akelius’ liquidity will decrease corresponding to the distributed dividend.Akelius liquidity was EUR 2,371 million at the end of the third quarter 2023. guarantee from owner Akelius Apartments Limited, which owns 85

    Akelius Foundation’s doubling campaign for education

    Akelius Foundation doubles all donations made to Unicef Sverige, Sverige för UNHCR Insamlingsstiftelse and SOS Barnbyar in December 2023. Single donations exceeding SEK 10 million and monthly agreed donations are not included in the doubling. The donation from Akelius Foundation shall be used to support education projects around the world. After the campaign, starting from January 2024, Akelius Foundation will send an art book to those who donate at least SEK 1,000.Akelius Foundation has developed the art book, which will be used for education in English.   Stockholm, 2023-11-

    Akelius outlook revised to stable by Standard & Poor’s

    In September 2021, following Akelius’ asset disposal to Heimstaden, Standard & Poor’s assigned a negative outlook to Akelius BBB credit rating.Standard & Poor’s has today revised Akelius’ outlook to stable on sustained low leverage and further affirms Akelius’ BBB rating.The stable outlook reflects the strong like-for-like growth in rental income and high occupancy. Akelius’ recent deleveraging, together with limited refinancing needs going forward, are important factors to achieve this improvement.  CEO, Ralf Spann - Akelius will continue its moderate investment pace.  The

    interim report 2023, January to September

    liquidity of EUR 2,371 millionRental income was EUR 247 million,a 12.3 percent increase compared to thesame period last year.The like-for-like rental income growth was  11.5 percent, due to higher occupancy rates andhigher new lease levels.   The like-for-like vacancy rate decreased by2.0 percentage points during the last twelve months,a result of the focus on completion of capital projects.Vacancy rate at the end of the third quarter was6.6 percent, whereof 79 percent was due to upgrades. The like-for-like net operating income growth was18.0 percent for the

    Akelius Foundation supports Children of the World

    Akelius Foundation matches donations of Children of the World’s fundraising through Radiohjälpen,received from 2023-09-18 to 2023-10-31. For example, if raised funds end at SEK 100 million,Akelius Foundation donates another 100 million SEK. Single donations exceeding SEK 10 million and monthly agreed donations are not included in the doubling. The donation from Akelius Foundation shall be used to support education projects around the world. Stockholm, 2023-09-18 Kerstin EngströmChairperson Akelius Foundationinfo@akelius-foundation.org  Akelius Residential

    interim report 2023, January to June

    17 percent net operating income growth, like-for-likeRental income was EUR 163 million,an increase of 16.8 percent compared to the same period last year.4.7 percentage points are related to changes in the property portfolio.The like-for-like rental income growth was 12.1 percent,due to growth in new lease levels and higher occupancy level.The like-for-like vacancy rate decreased by 2.9 percentage points during the last twelve months,mainly as a result of finished capital projects and strong demand for apartments.Vacancy rate at the end of the quarter was 6.9 percent where 84

    Leiv Synnes, CFO and Vice President, resigns

    Leiv Synnes, CFO and Vice President at Akelius,has resigned and will leave the company.  Leiv Synnes started at Akelius in 2004 as group treasurer.He became the CFO in 2014 and the vice president in 2020. Akelius will start looking for a new CFO immediately.Leiv Synnes’ position as vice president will not be replaced. Ralf Spann - It is not possible to fully credit Leiv for all his hard work and many contributions,  which have played a large part in making Akelius the company it is today.  To work with Leiv was successful and fun,  a rare combination. Leiv Synnes

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