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Akelius Makes First Acquisition in Toronto Since January 2020

Global Residential Company Buys 264-Unit River Park Tower for $78 Million
River Park Tower is  a 12-story, 264 unit residential building in Toronto's Mount Dennis neighbourhood. (CoStar)
River Park Tower is a 12-story, 264 unit residential building in Toronto's Mount Dennis neighbourhood. (CoStar)
By Ludwig Guzman
June 11, 2021 | 9:11 P.M.

Stockholm-based global residential property investment firm Akelius announced it made its first acquisition in Toronto since January 2020 with the purchase of River Park Tower, a 12-story, 264 unit residential building in Toronto's Mount Dennis neighbourhood.

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