About Quartiers Properties and our projects

About us Quartiers Properties in Brief

Quartiers Properties is a Swedish-owned property company listed on Nasdaq First North in Stockholm. The company’s business is geographically focused on Spain. Quartiers mainly invests in hotels and residential properties aimed at an affluent international target group.

Quartiers is the only publicly listed property company in Sweden whose entire business is geographically focused on Spain. The company is active in two main segments: property refinement and property development. In the area of property development, the company invests in underperforming properties with the aim of increasing the property’s operating income and stabilising the property’s cash flow – thus increasing its value. The property development segment comprises the usual development, marketing and sales of villas and apartments.

The company also runs operator business comprising concierge service and hotel operation, where the principal task is to contribute to the generation of value in the two main segments of property development and property refinement. As this business area continues to grow, a third business area is being created with the potential to operate as a separate sub-group in the future.

The operator business features low capital binding and can, through tenancy agreements with the relevant property company, continue to serve as a incomegenerating activity from an individual property, even in cases where Quartiers has decided to divest itself of the property itself. Alternatively, the operator company for the property in question could be divested and Quartiers could continue as the property owner.

At 31 December 2019, the Group employed 105 people, of whom all were located in Spain and 94 were directly linked to the company’s operator business.

Our history

  • 2015
    • The company acquires 58 of the 99 apartments in the joint property Hacienda del Señorío de Cifuentes in Benahavis.
    • The apartments are acquired directly from Aliseda with bank financing from Banco Popular.
  • 2016
    • To strengthen the company’s cash position and enable acquisitions, shares are issued at a total value of approximately SEK 86 million during the year.
    • The remaining 41 of the 99 apartments in Hacienda del Señorio de Cifuentes are acquired from Aliseda using financing from Banco Popular.
    • The Ocean View project is acquired and Quartiers’ preference shares are admitted for trading on NGM Nordic MTF.
    • The company signs an agreement and pays a deposit for the acquisition of Centro Forestal Sueco.
  • 2017
    • The company’s ordinary and preference shares are listed on Stockholm’s Nasdaq First North Growth Market.
    • The company carries out share issues for approximately SEK 200 million during the year.
    • The two uncompleted structures that constitute the 22ByQuartiers project are acquired.
    • Quartiers takes over the Centro Forestal Sueco property in Marbella’s Golden Mile district.
    • Quartiers acquires part of the Amapura villa project.
  • 2018
    • Quartiers obtains financing from BBVA, Banco Sabadell and Frux Capital for 6 million euro.
    • Marcus Johansson Prakt appointed CEO.
    • 22 by Quartiers (https://www.22byquartiers.com/) is launched and 18 apartments sold by the end of the year.
  • 2019
    • Quartiers obtains new financing from investments funds of Arcano Partners in March and Frux Capital in July.
    • Quartiers opens Boho Club restaurant in August and Boho Club hotel in December.
    • 22byQuartiers development is fully sold out in 2019.

Our Companies

Quartiers has several daughter companies which focus is to provide complementary services and added value to the two main business segments of the group – Value Creation and Real Estate Development. By outsourcing certain tasks to fully and partly owned daughter companies, Quartiers keeps the overhead organization small and focused towards coordination, financing, control and development of the group’s activities.

Quartiers Estates

Quartiers Estates is Quartiers Properties’ sales company

Quartiers Management 

Quartiers Management operates the
Quartiers Apartment Hotel & Resort 

BOHO Club

Boho Club is Quartiers’ operating company for the hotel and restaurant project in the Golden Mile area of Marbella

Board of directors and Management team

BOARD OF DIRECTORS

Jörgen Cederholm
JIMMIE HALL
Andreas Bonnier
Sten Andersen

MANAGEMENT TEAM

Marcus Prakt
MARIA CEPERO
LARS ÅKE OLOFSSON
HENRIC PERSSON
Antonio Díaz-Barceló

AUDITORS

Henrik Boman

Öhrlings PriceWaterhouseCoopers AB. Since 2015

NOMINATING COMITTEE

The Nominating Committee for the 2019 Annual General Meeting is comprised of Andreas Bonnier (shareholder representative of Egonomics AB), Jörgen Cederholm (shareholder representative of Fastighets Aktiebolag Bränneröd) and Mats Lundberg (as representative of Fastighets Aktiebolag Bränneröd and Mats Invest AB). Andreas Bonnier is the chairman of the Nominating Committee.