Akelius Residential Property: Equity raise and bond repurchase offset property value decline, resulting in a net loss
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Equity was strengthened by a EUR 335 million raise and hybrid bond repurchase, but a EUR 196 million property value decline led to a net loss of EUR 128 million. Like-for-like rental income grew 3.0%, while North American markets faced headwinds.Original document: Akelius Residential Property Inter…
Equity was strengthened by a EUR 335 million raise and hybrid bond repurchase, but a EUR 196 million property value decline led to a net loss of EUR 128 million. Like-for-like rental income grew 3.0%, while North American markets faced headwinds.
Original document:
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