Akelius enters Austin

Akelius’ first acquisition in Austin, US, includes three properties, 861 apartments.

The properties, built 2017 to 2020, offer apartments large enough for home office and green space, swimming pools and fitness centers for recreation.

Ralf Spann, CEO

I’m happy to announce Akelius’ first acquisition in the Silicon Hills,
home to several high-tech companies.

Austin was voted as the number one place to live in the US in 2019.
The soulful and vibrant city is one of the fastest growing metropolitan areas in the US.
These factors lead to long term profitability.

Austin is the perfect match for Akelius.

We are excited to add three strong, cash flowing properties to jumpstart our Austin operations.

We continue to seek more acquisitions in this new Akelius city.
 

Berlin, 2021-12-21

Ralf Spann
CEO
+49 173 643 65 90
ralf.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 information was submitted for publication, through the agency of the contact person set out above, at 10.30 pm CET on 21 December 2021.

Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, ca@avanza.se, +46-8-409 421 20.