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.
Andreas Bonnier appointed new CEO of Quartiers Properties
Quartiers Properties AB (publ) ("Quartiers" or the "Company") is pleased to announce that Andreas Bonnier, co-founder of Quartiers Properties and experienced in international business, has been appointed as the new CEO of the Company. Andreas, who has been an active member of the Board of Directors since 2019 and has many years of experience in…
Read moreQuartiers Properties launches shareholder programme with preferential rates at Boho Club Marbella
Quartiers Properties AB (publ), a leading developer of property and hotels on the Spanish Costa del Sol, is proud to launch a shareholder programme. The programme is designed to reward our shareholders with exclusive benefits and experiences at our award-winning 5-star boutique hotel, Boho Club, in the heart of Marbella.
Read moreYear-end report Quartiers Properties 2023
Quartiers Properties AB (publ) today publishes the company's year-end report for 2023.
Read moreRocet AB increases shareholding to over 10% of votes
Quartiers Properties AB (publ) ("Quartiers" or "the Company") has received information that the Company's fourth largest shareholder, in which the Company's Chairman Jörgen Cederholm is a shareholder, has increased its voting rights in Quartiers to 10%.
Read moreHouse of K Holding Limited increases to over 15% of voting rights
Quartiers Properties AB (publ) ("Quartiers" or the "Company") has received information that the Company's largest shareholder, House of K Holding Limited, has increased its voting rights in the Company to 16.2%
Read moreUpdate: Quartiers takes steps to develop Centro Forestal Sueco with approximately 300 hotel rooms on Marbella's Golden Mile
Quartiers Properties AB (publ) ("Quartiers" or "the Company") is taking another step forward in the development of its hotel property on the prestigious Golden Mile. The next step in the development is now underway, with the appointment of a leading architectural team. The fully developed property, which is located on one of the premier hotel…
Read moreCEO resigns for new challenges
Quartiers Properties AB (publ) ("Quartiers" or the "Company") today announces that CEO Marcus Johansson Prakt, who has led the Company since 2018, will resign from his position to pursue new challenges outside the Company. Marcus Johansson Prakt will remain as CEO until a new CEO is appointed, but no longer than the end of the…
Read moreQuartiers successfully completes sale of Altura160 project
Quartiers Properties AB (publ) ("Quartiers" or "the Company") has completed the sale of the Altura160 project in Benahavís to Taylor Wimpey de España S.A.U ("Taylor Wimpey") as planned. This transaction, with a value in EUR equivalent of SEK 107.2 million, marks an important milestone for Quartiers and demonstrates the Company's ability to create and realise…
Read moreInterim report Quartiers Properties January - September 2023
Quartiers Properties AB (publ) today publishes the company's interim report for the third quarter of 2023.
Read moreQuartiers sells Altura 160 project for MSEK 107.2
Quartiers Properties AB (publ) ("Quartiers" or "the Company") has entered into an agreement with Taylor Wimpey de España S.A.U ("Taylor Wimpey") to sell the Altura160 project in Benahavís for a sales price in EUR equivalent to SEK 107.2 million. Payment will be made in cash releasing a cash flow of SEK 97.7 million for Quartiers…
Read moreQuartiers invests SEK 12.6 million in Nowonomics and enters into co-operation agreement with Nowonomics and QQM Fund Management
Quartiers Properties ("Quartiers" or the "Company") announces that the Company is investing a total of SEK 12.6 million in Nowonomics AB (publ) ("Nowo") through two directed issues. The first issue of SEK 6.3 million will take place now, followed by another in January 2024. Quartiers will also receive free warrants for a potential investment of…
Read moreQuartiers enters new era of growth - signs letter of intent with Nowonomics and QQM Fund Management to develop joint property funds
Quartiers Properties ("Quartiers" or "the Company"), a Swedish real estate company with a strong focus on the Spanish market, is pleased to announce that it has signed a letter of intent with Nowonomics AB (publ) ("Nowo") and QQM Fund Management ("QQM"). This agreement marks the beginning of a new business segment that lays the foundation…
Read moreMarbella Town Council approves the Quartiers proposal to modify the local plan of the Centro Forestal Sueco properties
As announced in a press release on 29 May this year, Quartiers Properties AB (publ) ("Quartiers" or the "Company") has proposed an amendment to the current detailed plan for Centro Forestal Sueco. The proposal, which was developed in consultation with the Town Council and subsequently incorporated into the Town Council's Master Plan for the area,…
Read moreReport from the Extraordinary General Meeting of Quartiers Properties AB (publ), 20 July 2023
At the Extraordinary General Meeting of Quartiers Properties AB (publ) (the "Company"), held today on 20 July 2023, the following resolutions were passed with the required majority.
Read moreNOTICE TO EXTRAORDINARY GENERAL MEETING IN QUARTIERS PROPERTIES AB (PUBL)
The shareholders of Quartiers Properties AB (publ), reg. no 556975-7684 (the "Company"), are hereby summoned to the extraordinary general meeting on Thursday 20 July 2023 at 10.00 a.m. at Qap Legal Advisors' premises at Norrlandsgatan 7 in Stockholm, Sweden.
Read moreBoard of Directors of Quartiers Properties proposes resumption of ordinary dividends on preference shares - Strong business momentum brings decision forward
Quartiers Properties AB (publ) ("Quartiers" or the "Company") intends to convene the Company's shareholders to an Extraordinary General Meeting in the near future to decide on the proposal to resume ordinary dividends on the Company's preference shares with the planned payment in September 2023. The previously unpaid dividends plus interest, amounting to approximately SEK 3.7…
Read moreReport from the Annual General Meeting of Quartiers Properties AB (publ), June 15, 2023
At the Annual General Meeting (“AGM”) of Quartiers Properties AB (publ) (the "Company"), held today on June 15, 2023, the following resolutions were passed with the required majority.
Read moreImportant step towards 20,000 new square metres of building rights and new hotel in Marbella
Following dialogue with Marbella municipality, Quartiers Properties AB (publ) ("Quartiers" or "the Company") has submitted a proposal for the development of the Centro Forestal Sueco and Boho Club Marbella projects, which together comprise around 41,200 sqm of land on the Golden Mile in Marbella, one of the most attractive addresses for hotels in Spain.
Read moreThe Quartiers Properties’ Annual Report for 2022 has been published
The 2022 Annual Report has been published and is now available at www.quartiersproperties.se.
Read moreNOTICE TO ANNUAL GENERAL MEETING IN QUARTIERS PROPERTIES AB (PUBL)
The shareholders of Quartiers Properties AB (publ), reg. no 556975-7684 (the "Company"), are hereby summoned to the annual general meeting on Thursday 15 June 2023 at 10.00 a.m. at Qap Legal Advisors' premises at Norrlandsgatan 7 in Stockholm, Sweden.
Read moreInterim report Quartiers Properties January – March 2023
Quartiers Properties AB (publ) today publishes the company's interim report for the first quarter of 2023.
Read moreYear-end report Quartiers Properties January – December 2022
Quartiers Properties AB (publ) today publishes the company's year-end report for the period January to December 2022.
Read moreQuarterly Report Quartiers Properties – July to September 2022
Quartiers Properties AB (publ) has today published the company’s quarterly report for the period July to September 2022.
Read moreDividend on preference shares postponed
The Board of Directors of Quartiers Properties AB (publ) ("Quartiers" or the "Company") has decided not to resume dividend payments on the Company's preference shares at this time due to increased uncertainty in the world and changed business conditions. A decision on distributable funds will be made at the next Annual General Meeting scheduled to…
Read moreQuartiers takes possession of a plot of approximately 3,800 square metres adjacent to Boho Club Marbella
Quartiers Properties AB (publ) (“Quartiers” or “the Company”) has today paid the outstanding purchase price of EUR 0.9 million under an option agreement for a plot of land directly adjacent to Boho Club Marbella. Boho Club’s growth in 2022 has led to a need for more rooms. This site is well suited for future expansion…
Read moreQuartiers secures EUR 18.5 million in financing at a reduced interest rate, freeing up cash flow for growth and allowing resumption of dividends on preference shares
Quartiers Properties AB (publ) (“Quartiers” or “the Company”) has today, in line with a previously communicated plan, refinanced the loan with DeShaw that the company took out in 2020 in connection with the outbreak of Covid-19 in Europe. The refinancing of the loan removes the obstacles preventing the Company from paying dividends on its preference…
Read moreReport from the Annual General Meeting of Quartiers Properties AB (publ), 29 April 2022
Quartiers Properties AB (publ) held its Annual General Meeting for the 2021 financial year on Friday, 29 April 2022. On account of measures in place to combat the COVID-19 pandemic, the AGM was held in the form of postal voting, with no physical participation.
Read morePublication of proposals from the Nomination Committee regarding the composition of the Board of Directors
The Nomination Committee of Quartiers Properties AB (publ) (hereinafter “Quartiers Properties” or “the Company”) proposes an unchanged Board of Directors and unchanged remuneration of the Board until the end of the 2023 Annual General Meeting.
Read moreThe Quartiers Properties’ Annual Report for 2021 has been published
The 2021 Annual Report has been published and is now available at www.quartiersproperties.se.
Read moreThe results of the exercise of TO4 warrants show high participation of about 88%
Quartiers Properties AB (publ) (hereinafter “Quartiers” or “the Company”) finds the exercise of series TO4 warrants to be approximately 88 percent.
Read moreNotice convening 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 Company’s Annual General Meeting (AGM) on Friday, 29 April 2022.
Read moreManagement team change for continued growth
Quartiers Properties AB (publ) (“Quartiers” or the “Company”) is implementing a management team change to centralise administrative, legal and operational support functions into a new department, and is hiring a new CFO.
Read moreThe subscription price for the exercise of warrants has been determined
The subscription price for subscription of new ordinary shares with series 4 (TO4) warrants in Quartiers Properties AB (publ) (“Quartiers” or the “Company”) has been set to SEK 3.71 per ordinary share.
Read moreQuartiers publishes information brochure regarding the exercise of series 4 (TO4) warrants
The brochure will be sent to all shareholders and warrant holders by post, but is also available on the company's website www.quartiersproperties.se.
Read moreQuartiers publishes information brochure regarding the exercise of series 4 (TO4) warrants
The brochure will be sent to all shareholders and warrant holders by post, but is also available on the company's website www.quartiersproperties.se.
Read moreQuartiers starts calculation period for exercise price of warrants
Today, 1 March 2022, Quartiers Properties is starting the calculation period (VWAP period) for determining the exercise price for series TO4 2020/2022 warrants issued in connection with Quartiers Properties AB (publ) ("Quartiers" or the "Company") redemption programme for preference shares in 2020.
Read moreQuartiers Properties’ Year-End Report – January to December 2021
Today Quartiers Properties AB (publ) published the company’s year-end report for the period January to December 2021
Read moreQuartiers predicts strong housing market on the Costa del Sol and plans launch of 60 new build apartments in 2022
The housing market on the Costa del Sol, and in particular Marbella and the surrounding area, is expected to experience a sharp boost post Covid-19. This is largely due to the acceleration of digital developments being further fuelled by the Coronavirus pandemic, but also factors such as the region’s unique microclimate, schools and world-class healthcare,…
Read moreQuartiers’ wholly owned hotel Boho Club named Spain’s best luxury boutique hotel
The Boho Club hotel and restaurant concept, established by Quartiers at one of its properties on Marbella’s Golden Mile, has been named Spain’s best luxury boutique hotel by the Spain Luxury Hotel Awards.
Read moreQuarterly Report Quartiers Properties – July to September 2021
Quartiers Properties AB (publ) has today published the company’s quarterly report for the period July to September 2021.
Read moreQuartiers recruits new general manager with extensive international experience for Boho Club
Quartiers Properties AB (publ) ("Quartiers" or the "Company") has hired Alvaro Fernandez Martín as the new general manager of its subsidiary Boho Club, which operates hotels and restaurants on Marbella's Golden Mile.
Read moreThe results of the exercise of TO3 warrants show high participation of about 92%
Quartiers Properties AB (publ) ("Quartiers" or the "Company") finds the exercise of series TO3 warrants to be approximately 92 percent.
Read moreCEO’s speech to the AGM and last day to vote
Today, 3 June 2021, is the final day to vote at this year’s Annual General Meeting. More information about the voting process can be found on the Quartiers website: www.quartiersproperties.se.
Read moreQuarterly Report Quartiers Properties – January to March 2021
Quartiers Properties AB (publ) has today published the company’s quarterly report for the period January–March 2021 period.
Read moreNotice convening 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 Company’s Annual General Meeting (AGM) on Friday 4 June 2021.
Read moreBoho Club opens again as restrictions are eased in Spain
New stricter corona restrictions were introduced at the end of January, which meant that all non-essential businesses had to close. These restrictions have gradually been eased and Boho Club is therefore now reopening to hotel and restaurant guests.
Read moreQuartiers Properties Year-End Report – January to December 2020
Quartiers Properties AB (publ) has today published the company’s year-end report for the period January to December 2020.
Read moreQuartiers begins quarterly reporting
As of the first quarter of 2021, Quartiers will be switching from half-yearly to quarterly reporting. The first interim report for the January to March 2021 period will be published on 6 May 2021.
Read moreBoho Club recommended in Michelin Guide
Boho Club has been included as a recommended restaurant in the 2021 Michelin Guide. The recommendation boosts the brand and is expected to attract more guests to both the restaurant and the hotel.
Read moreEased coronavirus restrictions for Andalusia positive for Quartiers hotels and restaurants
Over the weekend, newly eased restrictions were published for Andalusia, where Quartiers operates. The new guidelines make it easier to travel to Marbella and increase the permitted capacity in the hotel and restaurant sector in the region.
Read moreUK move to start vaccinations next week expected to boost hotel and restaurant revenues and property sales on Spain’s Costa del Sol
The UK announced today that the country plans to begin vaccinating against Covid-19 next week. Quartiers’ CEO Marcus Johansson Prakt considers it particularly positive that the UK is the first country to approve the Covid-19 vaccine following extensive trials. According to Quartiers’ CEO, the older target group, which is being prioritised for the vaccine, tends…
Read moreQuartiers acting rapidly on new restrictions
Quartiers, listed on Nasdaq First North in Stockholm, has adapted its operations on the basis of the new restrictions from the Spanish government, and has decided to keep its Boho Club (luxury hotel and restaurant on the Golden Mile in Marbella) facilities and the Quartiers Marbella Apartments hotel open. The company has introduced a number…
Read moreQuartiers Properties publishes final outcome of exchange offer
The Annual General Meeting of Quartiers Properties AB (publ) (“Quartiers Properties”, or “the Company”) on 26 June 2020 resolved, among other matters, on an offer to holders of the Company’s preference shares regarding the exchange of preference shares for newly issued ordinary shares and share warrants (“the Offer”). The final outcome of the Offer is…
Read moreHalf-year Report Quartiers Properties – January to June 2020
Quartiers Properties AB (publ) has today published the company’s half-year report for the January–June 2020 period.
Read moreQuartiers Properties obtains a loan of EUR 17 million and secures its cash position
Quartiers Properties AB (publ) (”Quartiers Properties” or the ”Company”) has entered into a loan agreement with the lenders DESALKIV Portfolios, L.L.C. and Alantra under which the Company obtains a loan of a total of EUR 17 million (the ”Loan”).
Read moreReport from the Annual General Meeting of Quartiers Properties AB (publ), 26 June 2020
Quartiers Properties AB (publ) held its Annual General Meeting for the 2019 financial year on Friday 26 June, 2020. The following main decisions were made.
Read moreQuartiers Properties’ 2019 Annual Report published
The 2019 Annual Report has been published and is now available at www.quartiersproperties.se.
Read moreReopening of Boho Restaurant
In accordance with the Spanish government regulations, restaurants can now reopen after being closed during the lockdown. The reopening plan that has been launched is divided into various phases, and the Spanish government is planning to gradually reduce the restrictions in the country, depending on how the Corona pandemic develops.
Read moreNotice 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 Friday 26 June 2020, at 10:00 a.m., at the offices of Advokatfirman Wåhlin AB at Engelbrektsgatan 7, Stockholm, Sweden.
Read moreThe Board of Quartiers proposes an exchange of preference shares for ordinary shares and that the AGM resolve not to pay dividends on preference shares
Owing to the uncertainty resulting from the coronavirus pandemic and in order to meet the market-based terms for loan financing in the current situation, the Board of Quartiers Properties AB (publ) (“Quartiers” or “the Company”) proposes that the AGM resolve not to pay a dividend on the Company’s preference shares. Instead, a voluntary exchange is…
Read moreUnder the current circumstances Quartiers is rescheduling the date of the AGM and is exploring financing possibilities in addition to proposals for resolutions regarding dividends on preference shares
Quartiers Properties AB (publ) (“Quartiers” or “the Company”) is currently endeavouring to optimise its business operations based on the new conditions caused by the ongoing pandemic, and is reviewing a range of different financing options. The Company intends to find solutions that ensure the Company can meet its commitments in both the short and long…
Read moreQuartiers Properties makes payment on preference shares with a record date of 31 March 2020 as planned
Quartiers Properties AB (publ) (“Quartiers” or “the Company”) will make the planned payment on preference shares with a record date of 31 March 2020 as planned. The payment date is estimated to be 3 April 2020.
Read moreFollow-up on previous communication regarding SARS-CoV-2 (the novel coronavirus)
On Sunday 15 March, Quartiers Properties AB (publ) (“Quartiers” or “the Company”) issued a press release on account of the ongoing coronavirus pandemic. In it, the company explained the measures it had taken and laid out the next step. Here is another update.
Read moreUpdate with regard to the coronavirus
Quartiers Properties AB (publ) (“Quartiers” or “the Company”) operates in the Marbella region of the Spanish Costa del Sol and, in the same way as the rest of the world, is currently experiencing the effects of the global coronavirus pandemic. During the weekend, for example, the Spanish Government introduced extraordinary restrictions limiting the freedom of movement…
Read moreQuartiers Properties year-end report – January to December 2019
Quartiers Properties AB (publ) (“Quartiers Properties” or “the Company”) has today published the company’s year-end report for period January–December 2019.
Read moreQuartiers Properties rights issue 124.7% subscribed, generating approximately SEK 25.5 million for the company
The Board of Directors of Quartiers Properties AB (publ) (hereinafter “Quartiers Properties” or “the Company”) is hereby publishing the outcome of the Company’s rights issue. Subscriptions were received corresponding to a total of SEK 31.8 million, which means that the rights issue was oversubscribed and that the Company will receive the entire issue proceeds of…
Read moreQuartiers Properties switches from Mangold to ABGSC to serve as market maker for the Company’s common stock
Quartiers Properties AB (publ) (”Quartiers Properties” or the ”Company”) has signed a contract with the Nordic investment bank ABGSC to serve as market maker for the Company’s ordinary share. ABGSC will serve as market maker beginning on 1 January 2020.
Read moreQuartiers Properties is publishing an information brochure in connection with the ongoing Rights Issue, and is announcing a new assessed net asset value of SEK 8.46 per ordinary share
The Board of Directors of Quartiers Properties AB (publ) (hereinafter “Quartiers Properties” or “the Company”) is hereby publishing an information brochure in connection with the ongoing Rights Issue of preference shares. The brochure contains preliminary profit figures for the period January–November 2019 which, together with the changes in value for the year, provide a new…
Read moreQuartiers has received new valuations of its portfolio for year-end 2019 that indicate an increase in value of approx. EUR 17.3 million, with Boho Club accounting for the single largest change
Quartiers Properties AB (publ) contracted CBRE Spain to carry out a valuation of the company’s property portfolio for year-end 2019. The new valuation of the entire property portfolio amounts to approximately EUR 80.3 million, corresponding to an increase of EUR 17.3 million (27.5%) compared with December 2018. The increase in value above the investments made…
Read moreQuartiers is carrying out a rights issue of approx. SEK 25.5 million by issuing new preference shares at a subscription price of SEK 9.15 per share, corresponding to a yield of around 10.5%.
The Board of Quartiers Properties AB (publ) (‘Quartiers Properties’ or ‘the Company’) has taken the decision to carry out a new share issue, with preferential rights for existing shareholders (irrespective of share class) of up to 2,786,875 preference shares. In the event of full subscription this would generate total issue proceeds of approximately SEK 25.5…
Read moreQuartiers Properties is entering an agreement with London-based JLL and starting a process to refinance the company’s balance sheet liabilities to improve the Group’s financial cash flow
With the assistance of JLL’s specialist hotel and property financing group, Quartiers Properties AB (publ) will work to refinance part of the company’s financial liabilities. The purpose of the refinancing is to free up cash flow to continue investment, reduce the company’s cost of capital and gain the basis for long-term financing with a repayment…
Read moreQuartiers 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…
Read moreMarcus 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…
Read moreQuartiers 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.
Read moreQuartiers 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.
Read moreReport 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.
Read moreQuartiers 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,…
Read moreQuartiers 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…
Read moreNotice 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…
Read moreQuartiers 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…
Read moreQuartiers 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.
Read moreQuartiers 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…
Read moreQuartiers 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…
Read moreQuartiers 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…
Read moreOccupancy 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.
Read moreQuartiers 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…
Read moreQuartiers 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…
Read moreQuartiers 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.
Read moreQuartiers 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…
Read moreReport 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.
Read moreQuartiers 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…
Read moreQuartiers 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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