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”).The Loan secures necessary working capital which will enable the Company to continue generate growth and proceed to develop its long term business strategy by gradually reallocating capital from already developed projects, such as Hacienda del Señorio de Cifuentes, to new projects that can be developed and where added value can be created. Part