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Marcus Johansson Prakt appointed permanent CEO of vigorously expanding property company Quartiers Properties

Press release   •   Sep 05, 2019 17:15 BST

Marcus Johansson Prakt, CEO Quartiers Properties

Over the past year, Marcus has generated added value in the company, and developed and instituted an organisational structure equipped for continued, scalable growth. Furthermore, he has established a network of key contacts with banks and financiers in Spain, and kept up the momentum in our projects via permit processes, construction processes and through sales. Just last week, the company announced the opening of the first phase of the Boho Club project. “The Board of Directors is confident that Marcus is the right person to lead the company’s ongoing development and expansion going forward,” said Jörgen Cederholm, Chairman of Quartiers Properties.

“It’s an honour to have the Board’s continued confidence to develop Quartiers and our property business. We’ve made considerable progress over the past year, which is the result of a collaborative effort on the part of our extremely talented team here in Spain. I’m now looking forward to pressing ahead with our business transactions alongside my colleagues,” said Marcus Johansson Prakt, permanent CEO of Quartiers Properties as of today.

For more information about Quartiers Properties, please visit ww.quartiersproperties.com.

Quartiers Properties operates in Spain in the province of Málaga on the Costa del Sol, a market shown by a number of studies to be the fastest-growing property market in Spain. Growth in the region is due to a combination of increasing domestic demand, the region’s climate with over 320 days of sunshine a year, excellent national and international communications, and technological developments enabling more people to live in the region while retaining links to friends, family and work in their home country. Quartiers is active in two main segments; Property Value Creation and Property Development. Both business areas aim to generate value in the current property portfolio in different ways. In the Property Development segment this is done by developing carefully designed concepts for villas and apartments, which are then marketed and sold. The Property Value Creation segment focuses on transforming underperforming properties in a way that leverages each property’s unique characteristics, to enable a higher valuation when the property is either sold or revalued for refinancing on improved loan terms.