A multinational corporate landlord with more than 2,000
homes in the UK is abusing human rights around the world, the UN’s housing
spokesperson has declared. In a scathing intervention, Leilani Farha, the UN’s
special rapporteur on adequate housing, attacked Akelius Residential Property
AB’s “aggressive push for housing profits”. She said: “Akelius’s business
model, driven by the desire to maximise profits, has created a hostile
environment for its tenants through a severe degradation of housing conditions,
higher rents and increased risk or threat of eviction.” Swedish-listed Akelius
owns 2,242 flats in London. It specialises on mid-market rents and does not
currently have any clear involvement in the UK social housing sector. Read more
on Inside Housing.
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