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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

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…

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Quartiers 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.

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Year-end report Quartiers Properties 2023

Quartiers Properties AB (publ) today publishes the company's year-end report for 2023.

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Rocet 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%.

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House 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%

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Update: 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…

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CEO 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…

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Quartiers 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…

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Interim report Quartiers Properties January - September 2023

Quartiers Properties AB (publ) today publishes the company's interim report for the third quarter of 2023.

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Quartiers 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…

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Quartiers 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…

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Quartiers 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…

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Marbella 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,…

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Report 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.

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NOTICE 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.

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Board 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…

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Report 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.

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Important 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.

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The Quartiers Properties’ Annual Report for 2022 has been published

The 2022 Annual Report has been published and is now available at www.quartiersproperties.se.

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NOTICE 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.

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Interim report Quartiers Properties January – March 2023

Quartiers Properties AB (publ) today publishes the company's interim report for the first quarter of 2023.

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Year-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.

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Quarterly 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.

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Dividend 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…

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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…

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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…

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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,…

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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. 

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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.

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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.

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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.

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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.  

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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