Akelius grows in Canada

Akelius plans to enter Ottawa
Akelius has decided to enter Ottawa, the capital of Canada.

Ottawa currently has 1.4 million inhabitants.
The population is expected to grow by ten percent until 2030.

The city’s economy is solid with the principal sectors being government, technology, and financial services.

Population and GDP growth exceed the national average.
The rent regulation in Ottawa is similar to the regulation in Toronto where Akelius already does business.

CEO, Ralf Spann:

- Ottawa offers attractive returns, steady growth, and limited long-term risks.
  This reflects the development in our existent holdings in Toronto and Montreal.

Berlin, 2020-12-08
 

Ralf Spann
CEO
+49 173 643 6590
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 15:00 CET on 8 December 2020.
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.