Akelius prefers strong local mortgage banks for secured loans.
Strong mortgage banks operate actively throughout the business cycles and their financing tools are the most resilient within real estate.
Akelius' policy is to have an aggregated secured loan-to-value below 25 percent.
Akelius works with local and international banks for unsecured loans and revolving credit facilities.
Akelius will at all times have unpledged properties that correspond to at least 150 percent of unsecured debt.
Unpledged properties can be seen as a funding source.
They provide liquidity if divested and can be used as security to raise secured loans.
Akelius has agreements with nine banks in five countries.
Access to various funding sources is a competitive advantage.
Many funding sources increase the possibility to receive attractive terms and conditions.
Diversification decreases risk.
banks per country
.