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Akelius’ Portfolio Loses 10% in Value as Rising Interest Rates Bite

Residential Investor Posts €597 Million Loss in 2022
Last year, Akelius bought €457 million worth of apartments in Quebec City (pictured) and Ottawa, Toronto, Montreal, Washington DC and Boston. (Getty Images)
Last year, Akelius bought €457 million worth of apartments in Quebec City (pictured) and Ottawa, Toronto, Montreal, Washington DC and Boston. (Getty Images)

Global residential investor Akelius has posted a €597 million loss as its portfolio dropped nearly 9.8% in value last year due to higher interest rates.

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