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ARTICLES TAGGED WITH "Ralf Spann"

Akelius Opens Up for More Nordic Investments: "It's Likely"

Nordic — On Thursday last week, Akelius bought 40 million shares in Castellum from M2 Asset Management for SEK 4.6 billion, a deal that corresponds to 12.2 percent of the total number of shares in Castellum. The transaction makes Akelius the largest owner in Castellum, while the sale means that Rutger Arnhult reduces his ownership to 6.1 percent and becomes the second largest owner. Akelius CEO Ralf Spann tells Nordic Property News about the thinking behind the big purchase, what the ambition looks like with the holding and what other types of investment they are looking at.

Akelius Sells Akelius Technology

Sweden Sweden — Akelius Residential Property AB strengthens its focus on residential real estate and has decided to sell Akelius Technology AB which includes the Technology Department to Akelius Apartments Ltd on July 29:th.

Heimstaden Acquires Residential Portfolio from Akelius for EUR 9.1 billion

Nordic — Heimstaden subsidiary, Heimstaden Bostad, buys 599 properties with 28,776 homes centrally located in Berlin (14,050), Hamburg (3,592), Stockholm (5,934), Malmö (4,107), and Copenhagen (1,093). Transaction value SEK 92.5 billion (EUR 9.1 billion) with SEK 2.8 billion in annual rental income.

Akelius Grows in Canada – Enters Ottawa

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

Akelius' Vice President Lars Lindfors Retires

Sweden Sweden — Upon turning 62 years in April 2021, Vice President Lars Lindfors will leave Akelius for early retirement.

Akelius Revises Business Model and Considers Reducing Staff

Sweden Sweden — Akelius could reduce staff by 400 people by 2022.

Akelius Presents Ten Percent Net Operating Income Growth

Sweden Sweden — Rental income was EUR 238 million, a like-for-like increase of 6.3 percent. Net operating income was EUR 128 million, up by 10.3 percent in the like-for-like portfolio.

Ralf Spann Named New CEO of Akelius

Sweden Sweden — Ralf Spann succeeds Pål Ahlsén as new CEO. New head of Europe will be Jordan Milewicz.