The net asset value of Quartiers Properties, a property company with operations in Spain, continues to rise. The increase compared to year-end 2018 amounts to 11 percent, and the net asset value per ordinary share is now stated at SEK 8.26. The share is thus being traded at a net asset value discount of 48.7 percent, given the closing price on 27 February 2020.
Quartiers Properties VD Marcus Johansson Prakt deltog på Aktiedagen i Göteborg den 23 september.
Marcus Johansson Prakt took on the role of permanent CEO of Quartiers Properties earlier in September, and today the company is presenting its new management team. “This management team will allow us every opportunity to continue to grow. It’s a group of extremely experienced and talented individuals who complement one another well,” said Marcus Johansson Prakt, CEO of Quartiers Properties.
Marcus Johansson Prakt appointed permanent CEO of vigorously expanding property company Quartiers Properties
As of 5 September, Marcus Johansson Prakt will be the permanent CEO of Quartiers Properties AB (publ). Marcus, who has held the position of Interim CEO since May 2018, will continue to lead Quartiers’ development work on Spain’s Costa del Sol. During his time as Interim CEO, the company’s net asset value per ordinary share has grown from SEK 6.98 per share, to SEK 7.56 per share.
Quartiers Properties AB (publ) will open the Boho Club project restaurant to the public on 29 August 2019. The opening marks an important milestone in the company’s work on the property, which was acquired in 2017.
Quartier Properties AB (publ), through its Spanish subsidiary Flexshare Espana SL, has entered into a financing agreement with Strandängen Bostäder i Bunkeflostrand AB to finance the construction of Quartier’s villa project in Marbella, also known as project Amapura.
Quartiers Properties enters into operating and cooperation agreement for a new lifestyle hotel at Centro Forestal Sueco in Marbella
Quartiers Properties AB (publ) has entered into an operating and cooperation agreement regarding the development and operation of a new lifestyle hotel and restaurant on part of the plots known as Centro Forestal Sueco in Marbella. Quartiers will own 50 percent of the new operating company, which is expected to open for business in mid-2019.
Quartiers Properties AB (publ) held its Annual General Meeting for the 2018 operating year on Wednesday 29 May, 2019. The following main decisions were made. Adoption of balance sheet and income statement and distribution of profit relating to preference shares.
Málaga, dubbed the capital of the Costa del Sol, is now high up on the list of places in which to buy a home. It has become a major tourist destination in recent years thanks to its weather, museums, cultural offering and excellent communications.
Quartiers Properties AB (publ) (“Quartiers” or “the company”) has, through its Spanish subsidiary Flexshare España SL, entered into a financing agreement with Strandängen Bostäder i Bunkeflostrand AB (“the lender” or “Strandängen Bostäder”) with regard to financing the construction of Quartiers’ villa project in Marbella, also known as project Amapura.