Akelius Canada Ltd is a large heavily-financed multinational corporation that owns apartments in several cities around the world. Almost since it’s inception it has courted international criticism – see the News items below.
Tenant Support
The
Akelius Tenants Network is an association of tenants living in Toronto-area buildings owned by Akelius. This active tenant group has been an outspoken advocate for renters, and a strong critic of Akelius.
Also, for questions or help visit
the Akelius section of our forum.
General Information
The Akelius Page at Landlords of Toronto:
https://www.landlordsoftoronto.com/akelius
Website:
http://www.akelius.ca
2019 Annual Worldwide Profit: $721 million (Canadian Dollars)
from
https://mb.cision.com/Main/3302/3051707/1205125.pdf
Address:
289 Niagara Street
Toronto, ON M6J 0C3
Contact:
844 253 5487
toronto.servicecentre@akelius.ca
News
2020 – October 16
Roger Akelius, the reclusive founder of Akelius, has released a statement refuting the claims made by the UN that his company is breeching the human rights of its tenants, claiming “Akelius is an honourable, honest company”.
He also attempts to refute recent statements in the media connecting the UN Report to the resignation of Akelius’s former CEO – “Pål Ahlsén’s resignation in May, after the UN’s report was released in April, was a coincidence”; and justifying Akelius’s approach to renovations – “Akelius has never threatened or forced any tenant to leave a house”.
https://www.propertywire.com/news/akelius-residential-founder-hits-back-at-criticism/
2020 – October 9
An article has appeared in the media connecting the recent UN Report that was so critical of Akelius, to the recent resignation of their CEO and the announced change in Akelius’s approach to renovations:
https://www.propertywire.com/news/akelius-residential-halts-renovation-strategy-after-un-scandal
2020 – August 27
Akelius as announced a change in their business model with respect to renovations.
2020 – May 18
Pål Ahlsén, the CEO of Akelius,
has resigned!
2020 – May 11
Akelius has been accused of Human Rights Abuses by the United Nations, the full report is now available.
The release of the UN Report was
covered by the CBC.
And a City of Toronto Councillor
Josh Matlow has backs-up the report, saying “there is no landlord that I’ve heard more complaints about than Akelius”:
2020 – April 29
The United Nations has announced that they will release a report claiming that
Akelius is Abusing the Human Rights of their tenants.
2014 – August 12
Berlin seniors battle Swedish property giant
