Akelius Residential Property AB (publ) (OM:AKEL D) is looking for acquisitions. Ralf Spann, Chief Executive Officer said, "I'm happy to announce Akelius' first acquisition in Quebec City, a city with a steady, long term population growth. The population is projected to grow with 9% in the next ten years.

It is the second most populous city in the province, after Montreal, and is the oldest French speaking community in North America. The oldest part of Quebec City was declared a UNESCO World Heritage Site in 1985. It is truly a city with a soul, the kind of city Akelius aims for.

We continue to seek more acquisitions in this new Akelius city".