year-end report 2021, January to December

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strong financial position

Rental income was EUR 212 million,
an increase of 12.1 percent compared to the same period last year.

The like-for-like vacancy rate decreased during the year by 3.4 percentage points to 13.7 percent,
in line with the ambition to reduce construction related vacancy and increase the cash flow from properties.

At the end of December, the market value of the property portfolio was EUR 6,020 million.
The value change was EUR 1,719 million, 
equivalent to 14.2 percent.

Akelius acquired properties for EUR 588 million during the year, mainly in the US and Canada.
The average capitalization rate was 4.09 percent.

At year end, financial assets exceeded loans with EUR 2,050 million,
which means that Akelius has no net debt.

CEO, Ralf Spann

Akelius’ financial position has never been stronger.

Akelius is, and will continue to be, a safe, profitable, and honorable residential company with a long-term perspective.

Qualified and ambitious staff, 16 years of international experience, and a strong financial position supports Akelius’ ambition to grow to fifty thousand apartments again.

Berlin, 2022-02-07

Ralf Spann
+49 173 643 65 90

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 07.30am CET on 7 February 2022.

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, 421 20.