...+ Akelius Residential Property AB continued to strengthen its portfolio of almost 9 billion in global metropolitan cities in 2016. + Due to active disposals and positive asset revaluation, the company reduced its leverage significantly. + We are therefore revising our outlook on Akelius to positive from stable and affirming our '###-/A-3' global scale and 'K-3' regional scale ratings on the company. + The positive outlook indicates that we may raise the ratings within the next 12 to 24 months if Akelius' deleveraging, in combination with strong cash flow generation, bring its S&P Global Ratings' adjusted interest coverage ratio close to 2x or above, while keeping debt to debt plus equity significantly below 60% and liquidity adequate. FRANKFURT (S&P Global Ratings) March 3, 2017--S&P Global Ratings today revised to positive from stable its outlook on Sweden-based residential real estate company Akelius Residential Property AB. At the same time, we affirmed our '###-/A-3' long- and short-term...
