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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 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 shares. The new lender is Alteralia Real Estate Debt FI

Contacts

Marcus Johansson Prakt

Marcus Johansson Prakt

Press contact CEO +4672-0185998

Swedish real estate developer in Costa del Sol

Quartiers Properties is a Swedish property development company with operations on the Spanish Costa del Sol. The company was founded in 2014 and has since built up a property portfolio of investment properties and project properties. The company develops, sells and leases property.

Quartiers Properties AB (publ)
Strandvägen 7A
114 56 Stockholm
Sweden
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