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 structure that is better tailored to Quartiers’ business operations.Quartiers Properties has made significant progress in 2019 on both the sale of apartments under production and the company’s portfolio of investment properties. The company’s