Akelius Apartments Limited

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Akelius in Cyprus

Akelius in Cyprus holds investments in subsidiaries,
and manages other financing activities.

The company is the majority shareholder of Akelius Residential Property AB,
a real estate company. 

Akelius owns properties in Cyprus.
The properties include both rental apartments and commercial units.
One of the properties is the iconic Yiorkio Building in Nicosia.

Akelius around the world

Through subsidiaries, Akelius owns twenty thousand rental apartments in metropolitan cities

  • New York
  • Boston
  • Washington D.C.
  • Austin
  • Montreal
  • Toronto
  • Ottawa
  • Quebec City
  • London
  • Paris

a better living

The target group consists of tenants who demand

  • a desirable locations
  • quality of premises
  • quality of service

A better living includes

  • cleanliness and tidiness
  • security and privacy
  • fast service
  • green areas
  • art, light design, and low noise level
  • conserved architectural and historical values
  • sustainable solutions concerning energy, water, waste, and materials
  • upgraded apartments and buildings

attractive locations in metropolitan cities

Akelius focuses on neighbourhoods with a high quality of life, proximity to green areas, parks, and low crime rates.

history

1985

Roger Akelius, the founder, establishes a company in Cyprus.
The company developed a computer program for tax declarations and calculations. 
The team included twenty lawyers and thirty programmers.

1987

Incorporates a life insurance company in Cyprus.
 

1994

Sells the computer program company.

Acquires the first residential properties in the Swedish cities of Helsingborg, Gothenburg, and Trollhättan.
 

2005

Sells the shares in Akelius Insurance Ltd.
 

2019

Acquires the first property in Nicosia.
 

2020 to 2022

Continues acquisition of residential and commercial properties in Nicosia.
 

best educated staff

All employees receive internally developed education, relevant to their role.

Relevant education ensures that the company has the best educated, expert staff within the real estate sector.

an honorable and sustainable company

Akelius strives to be sustainable and honorable.
The company operates with transparency and integrity. 

Akelius acts honestly and fairly towards all its stakeholders, tenants, employees, contractors, and the community.

To reinforce its commitment to ethical business practices, Akelius trains staff on Code of Conduct, anti-corruption policy, and the whistleblower procedure.

The company aims to cut its carbon emissions and be fully decarbonized by 2050.

The company’s renewable energy and co-generation projects lead to reduced energy consumption, greenhouse gas emissions, and utility costs.
 

owned by a charitable foundation

Akelius Foundation, a charitable foundation, owns Akelius in Cyprus.

Read more about Akelius Foundation here.
 

the founder, Roger Akelius

Roger Akelius, the founder of Akelius,
grew up in Stora Mellby in southwestern Sweden.

His entrepreneurial journey began at age eleven
with a summer job at a dairy company.

With his first two paychecks he bought a camera and a tent.

With his third paycheck he bought his first property, a summer cottage.

In 1968, Roger became the youngest lecturer at
Chalmers University of Technology in Gothenburg.

In 1974, Roger's book about premium bonds became a bestseller, establishing the Akelius name among the masses.

In 1982, Roger published the book Akelius Tax, 
explaining tax reduction strategies in a simple way for the ordinary person. 

In 1985, Roger was first in the world to sell fiscal declaration programs.

In 1994, Roger acquired his first properties in Gothenburg, Helsingborg, and Trollhättan. 
Today, Akelius owns residential properties in eleven metropolitan cities across Europe and North America.

In addition to his business activities,
Roger has been engaged in charity through Akelius Foundation for many years.
The Foundation has made large donations to support people in need around the world.