Press Releases

Quartiers Properties’ press releases are always available first in Swedish, whereafter they are translated into English. Click here to see Swedish press releases.

ALL PRESS RELEASES

Quartiers Properties appoints new expanded management team

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…

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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…

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Quartiers Properties to open Boho Restaurant at Centro Forestal Sueco property tomorrow, 29 August

Quartiers Properties AB (publ) (“Quartiers Properties” or “the company”) 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. 

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Quartiers Properties is refinancing part of its current loan with Frux Capital and establishing a EUR 1.5 million line of credit

Quartiers Properties AB (publ) (‘Quartiers Properties’ or ‘the company’) has chosen to refinance EUR 1.5 million of its previous loan with Frux Capital, and has established a EUR 1.5 million line of credit. The loan is for 30 months with an optional extension of a further six months. 

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Report from the Annual General Meeting of Quartiers Properties AB (publ), 29 May 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.

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Quartiers secures financing for development of villa project in Nueva Andalucía

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. The loan amounts to EUR 1,340,000,…

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Quartiers Properties’ 2018 Annual Report published

The 2018 Annual Report has been published and is now available at www.quartiersproperties.se For further questions, please contact: Marcus Johansson Prakt, Interim CEO Email: marcus.prakt@quartiersproperties.se Phone: +46 (0)72-018 59 98  The company in brief Quartiers Properties is a Swedish property development company with operations on the Spanish Costa del Sol. The company was founded in…

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Notice to attend the Annual General Meeting of Quartiers Properties AB (publ)

The shareholders of Quartiers Properties AB (publ), corp. reg. no 556975-7684, are hereby invited to attend the Annual General Meeting on Wednesday 29 May 2019, at 10.00 a.m., at the offices of legal firm Wåhlin AB at Engelbrektsgatan 7, Stockholm, Sweden. Registration, etc. Shareholders wishing to attend the Annual General Meeting shall: (i)                   be registered…

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Quartiers is acquiring the Boho Club operating company and securing financing for the completion and opening of the BOHO Club hotel with restaurants in Marbella’s Golden Mile district in 2019

In conjunction with the acquisition, Raouf Lotfi, who possesses extensive experience from the hotel and restaurant industry both locally and internationally, will remain as the CEO of Boho Club. Following the transaction, Raouf Lotfi will own 20 percent of the Boho Club operating company. In conjunction with the acquisition, Quartiers Properties AB (publ) (“Quartiers” or…

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Quartiers Properties year-end report – January to December 2018

Quartiers Properties AB (publ) (“Quartiers” or “the company”) has today published the company’s year-end report for the 2018 financial year.

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Quartiers Properties given go-ahead to apply design changes to Ocean View project

Quartiers Properties AB (publ) (“Quartiers” or “the company”) has today been granted permission to carry out changes to the Ocean View project. This will enable the company to make significant improvements to the project and apply a more modern, appealing style compared with the original drawings. The decision sees Quartiers taking an important step towards…

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Quartiers Properties publishes objectives for each property project and investor presentation

The Board of Quartiers Properties AB (publ) (“Quartiers” or “the company”) has established objectives for each of its property projects. At the same time, it is publishing an investor presentation which the company intends to use at meetings for investors, primarily in Madrid. The presentation states that the Board and Chief Executive Officer estimate the…

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Quartiers Properties – Chairman purchases shares

Quartiers Properties Chairman Jörgen Cederholm has acquired 152,344 shares in Quartiers via a co-owned company. The shares were acquired on 2 November 2018 at an average price of SEK 6.32 per share. For further questions, please contact: Interim CEO Marcus Johansson Prakt Email: marcus.prakt@quartiersproperties.se Phone: +46 72 018 59 98 The company in brief Quartiers…

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Occupancy underway in phase 1 of 22byQuartiers project

Quartiers Properties AB (publ) (“Quartiers Properties” or “the company”) has sold 80 percent of phase one, with occupancy having started as planned on 28 September.

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Quartiers Properties acquires two construction-ready plots in Los Flamingos and carries out private placement of preference shares

The Board of Quartiers Properties AB (publ) (“Quartiers Properties” or “the company”) has decided to acquire two villa plots in the residential area of Los Flamingos, in the municipality of Benahavís. The underlying value of the plots amounts to EUR 1.6 million. The transaction is being carried out in corporate form, with Quartiers acquiring all…

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Quartiers Properties – CEO purchases shares

Marcus Johansson Prakt, Interim CEO of Quartiers Properties, has acquired shares in the company. When the transactions were completed the total holding amounted to 107,975 ordinary shares. The acquisition took place on the market on 17 and 18 July 2018. On 17 July, 20,000 shares were acquired at an average price of SEK 7.04, and…

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Quartiers Properties – Half-year report for January–June 2018

Quartiers Properties AB (publ) (“Quartiers” or “the company”) has today published the company’s half-year report for the January–June 2018 period.

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Quartiers Properties receives renovation loan of EUR 2.5 million for planned hotel on Centro Forestal Sueco in Marbella

As planned, Quartiers Properties AB (publ) (“Quartiers Properties” or “the company”) has secured financing for renovations to the hotel on Centro Forestal Sueco in Marbella. The loan financing is estimated to form the majority of the company’s share of the total investment in the renovation project, which is a joint investment with the co-owners of…

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Report from the Annual General Meeting of Quartiers Properties AB (publ), 30 May 2018

Quartiers Properties AB (publ) held its Annual General Meeting for the 2017 operating year on Wednesday 30 May, 2018. The following main decisions were made.

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Quartiers Properties enters into operating and cooperation agreement for a new lifestyle hotel at Centro Forestal Sueco in Marbella

Quartiers Properties AB (publ) (“Quartiers” or “the company”) 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…

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Quartiers Properties appoints new CEO

Quartiers Properties AB (publ) (“Quartiers” or “the company”) is appointing a new CEO, with the current incumbent Katri Lind vacating the post. Effective from today, Quartiers is appointing Marcus Johansson Prakt, the company’s CFO, as Interim CEO.

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