Quartiers Properties appoints new CEO

Quartiers Properties AB (publ) (“Quartiers” or “the company”) is appointing a new CEO, with the current incumbent Katri Lind vacating the post. Effective from today, Quartiers is appointing Marcus Johansson Prakt, the company’s CFO, as Interim CEO.

“Katri has made a positive contribution and performed well during her time as CEO. I would like to express my thanks to Katri personally and on behalf of the Board of Directors,” said Chairman of the Board Jörgen Cederholm, while welcoming Marcus to his new role.

“I’m extremely proud of what I have achieved in my two years as CEO. It has been a busy and rewarding period spent with fantastic employees and owners. We’ve gone from being an entrepreneur-owned company, to a listed property development enterprise that has established itself on the Spanish Costa del Sol and built up a property portfolio valued at over half a billion Swedish kronor. Quartiers Properties is heading in the right direction, and the time is right to pass the baton as the company prepares to take further steps and bolster its presence and organisation on site in Spain,” commented Ms Lind.

The Board will now start the process of seeking a permanent CEO replacement. To facilitate a smooth transition, the company’s CFO is being appointed as Interim CEO. “Marcus has a sound grasp of the company’s operations and is already based in Spain,” said Chairman of the Board, Jörgen Cederholm.

For further information, please contact: Quartiers Properties

Jörgen Cederholm, Chairman of the Board
Email: jorgen.cederholm@quartiersproperties.se
Phone: +46 (0)-70 290 19 00

Marcus Johansson Prakt, Interim CEO
Email: marcus.prakt@quartiersproperties.se
Phone: +46 (0) 72 018 59 98

The company in brief

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.

Mangold is the company’s certified adviser. Mangold can be contacted on +46 (0)8-503 015 50.

Quartiers Properties AB (publ) is required to disclose this information under the EU Market Abuse Regulation. This information was provided for publication through the agency of the contact person above on 18 May 2018 at 8.30 a.m.