Akademiska Hus is a wholly owned Swedish Government enterprise with the mission to own, develop and manage property with a focus on educational and research activities — like colleges and universities — and to conduct related business. Its operations are carried out on a businesslike manner, with market rents, to generate a return. The company should also promote sustainable long-term development, according to instruction by the Government.[1][2]
The company was established on October 1, 1993, after the National Board of Public Building (Swedish: Byggnadsstyrelsen) split into several smaller units, including Akademiska Hus, Vasakronan and the National Property Board of Sweden.[2]
Criticism
Akademiska Hus has been criticised by the presidents of KTH and CTH for taking out rents that are far above market value.