Skip to content

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 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 more

Quartiers 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 more

Report 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 more

Publication 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 more

The 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 more

The 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 more

Notice 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 more

Management 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 more

The 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers’ 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 more

Quarterly 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 more

Quartiers 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 more

The 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 more

CEO’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 more

Quarterly 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 more

Notice 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 more

Boho 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 more

Quartiers 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 more

Quartiers 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 more

Boho 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 more

Eased 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 more

UK 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 more

Quartiers 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 more

Quartiers 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 more

Half-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 more

Quartiers 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 more

Report 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 more

Quartiers Properties’ 2019 Annual Report published

The 2019 Annual Report has been published and is now available at www.quartiersproperties.se.

Read more

Reopening 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 more

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 Friday 26 June 2020, at 10:00 a.m., at the offices of Advokatfirman Wåhlin AB at Engelbrektsgatan 7, Stockholm, Sweden.

Read more

The 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 more

Under 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 more

Quartiers 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 more

Follow-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 more

Update 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

Quartiers 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 more

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…

Read more

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…

Read more

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. 

Read more