Corporate Landlord Is Abusing Human Rights

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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