Consumer_Action_Taskforce

Akelius: Difference between revisions

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{{StubNotice}}
{{InfoboxCompany
{{InfoboxCompany
| Name = {{PAGENAME}}
| Name = {{PAGENAME}}
| Type =
| Type =Private
| Founded =
| Founded =1994
| Industry =
| Industry =Real estate
| Official Website =
| Official Website =https://www.akelius.com/
| Logo =
| Logo =Akelius Logo.svg
}}{{Placeholder box|Akelius is a corporate landlord that owns 20,000 rental apartments in major cities such as New York, Boston, Washington, Austin, Toronto, Montreal, Québec City, Ottawa, Paris and London.}}
}}'''[[wikipedia:Akelius|Akelius]]''' is a corporate landlord that owns 20,000 rental apartments in major cities such as New York, Boston, Washington, Austin, Toronto, Montreal, Québec City, Ottawa, Paris and London.
 
$1
==Consumer impact summary==
{{Placeholder box|The company has been accused by the United Nations of deliberately causing inhumane living conditions in order to drive residents out of their apartments and increase prices on subsequent tenants.}}
 
[https://www.ohchr.org/en/press-releases/2020/04/corporate-landlord-abusing-tenants-human-rights-says-un-housing-expert]$2
==Incidents==
==Incidents==
{{Placeholder box|If the company page is short enough and/or the incident is not deserving of it own page, add incidents below in sub-sections (including the points outlined in [[Consumer_Action_Taskforce:Sample/Incident/Help]]) without linking/creating an incident page.
If the company has various incidents listed and/or this page is getting too long, create subsections linking to each incident while linking to the main article and including a short summary. To link to the page use the "Hatnote" or "Main" templates.
If the company has numerous incidents then format them in a table (see [[Amazon]]). }}
This is a list of all consumer protection incidents this company is involved in. Any incidents not mentioned here can be found in the [[:Category:{{FULLPAGENAME}}|{{PAGENAME}} category]].
===Example incident one (''date'')===
{{Main|link to the main article}}
Short summary of the incident (could be the same as the summary preceding the article).
===Example incident two (''date'')===
...


==Products==
=== Exploitative Rent Policies Under Berlin's Rent Cap (2020-2021) ===
{{Placeholder box|This is a list of the company's product lines '''with articles on this wiki'''.
In 2020, the company evaded Berlin's short-term rent cap by including '''"shadow rents"''' in leases—secret provisions requesting payment of '''as much as five times the advertised rent''', retroactively payable if the law were to be annulled.<ref>{{Cite web |last=Šustr |first=Nicolas |date=26 Jul 2020 |title=Akelius will Kasse machen |url=https://www.nd-aktuell.de/artikel/1139639.akelius-akelius-will-kasse-machen.html |url-status=live |access-date=11 Apr 2025 |website=www.nd-aktuell.de}}</ref> When Germany's constitutional court ruled the rent cap null and void in 2021, Akelius started to recover these overpayments from renters, fueling indignation.<ref>{{Cite web |last=Goodman |first=Imogen |date=21 Apr 2021 |title='Extraordinary situation': What can you do if your Berlin landlord demands rent cap arrears? |url=https://www.thelocal.de/20210421/extraordinary-situation-what-can-you-do-if-your-berlin-landlord-demands-rent-cap-arrears/ |url-status=live |access-date=11 Apr 2025 |website=The Local Germany}}</ref> The Berlin government intervened with a '''€10 million interest-free loan fund''' to aid affected tenants from being evicted.<ref>{{Cite web |last=Casey |first=Ruairi |last2=Ponsford |first2=Matthew |date=26 Apr 2021 |title=The Enduring Legacy of Berlin’s Rent Cap |url=https://tribunemag.co.uk/2021/04/the-enduring-legacy-of-berlins-rent-cap |url-status=live |access-date=11 Apr 2025 |website=Tribune}}</ref>
* [[Example product line one]] (release date): Short summary of the product's incidents.
* [[Example product line two]] (release date):}}


==See also==
=== UN Human Rights Violations Accusations (2020) ===
{{Placeholder box|Link to relevant theme articles or companies with similar incidents.}}
The '''United Nations Human Rights Council''' called out Akelius for systemic '''"renovictions"'''—coercive renovations to remove tenants and circumvent rent control.<ref>{{Cite web |last=Smee |first=Michael |date=11 May 2020 |title=UN accuses Toronto apartment owner of human rights abuses |url=https://www.cbc.ca/news/canada/toronto/united-nations-toronto-apartment-human-rights-1.5563756 |url-status=live |access-date=11 Apr 2025 |website=CBC News}}</ref><ref name=":0">{{Cite web |date=29 Apr 2020 |title=Corporate landlord is abusing tenants’ human rights, says UN housing expert |url=https://www.ohchr.org/en/press-releases/2020/04/corporate-landlord-abusing-tenants-human-rights-says-un-housing-expert?LangID=E&NewsID=25845 |url-status=live |access-date=11 Apr 2025 |website=www.ohchr.org}}</ref> The UN Special Rapporteur on housing reported cases where residents were forced to live in uninhabitable conditions for months, with no running water or heating,<ref>{{Cite web |last=Simonpillai |first=Radheyan |date=11 Feb 2021 |title=As lockdown hit, Akelius tenants say cold water shortage lasted 96 days |url=https://nowtoronto.com/real-estate/akelius-canada-100-vaughan-road-cold-water-shortage/ |url-status=live |access-date=11 Apr 2025 |website=NOW Magazine}}</ref> while Akelius undertook upscale overhauls to justify outrageous rent increases.<ref name=":0" /> Investigations also showed the company targeted low-income communities, disproportionately impacting vulnerable populations.


==References==
==References==
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[[Category:{{PAGENAME}}]]
[[Category:{{PAGENAME}}]]
[[Category:Akelius]]
Retrieved from "https://consumerrights.wiki/wiki/Akelius"