– SWITZERLAND, Zurich – Eastern Property Holdings (SWX: EPH) today announced changing its name and decided to operate as EPH European Property Holdings, effective upon registration in the commercial registrar.
The company also announced the appointment of Mrs. Annamaria Vassiliades to its Board of Directors and as a member of the Management Committee to replace Christodoulos Vassiliades who has resigned as a board member and management committee member with immediate effect.
The board of EPH would like to thank Mr. Christodoulos Vassiliades for his services and wishes him all the best for his future.
Annamaria Vassiliades is a lawyer with expertise in M&A and commercial transactions. She graduated at the University College London and admitted to the Roll of Solicitors of England and Wales in 2015.
With the name change, the company is underlining its geographic change and will continue its intensive expansion phase across Western European real estate markets.
In the recent years Eastern Property Holdings (SWX: EPH), has adapted its investment horizon with today having its major focus on Western European asset acquisitions. Although originally found and listed on the SIX Swiss Stock Exchange with the intention to invest Western European money in the promising Russian real estate market, in the past years, EPH has enlarged its portfolio with acquisitions in Stuttgart, Hamburg, Vienna and Berlin.
“Our new name sums up our geographical diversification and the ongoing development of the company. At the same time, EPH remains a long-term oriented investment company with focus on core and manage-to-core income-producing commercial real estate with Western Europe as its primary investment market,” said Board member and founder, Gustav Stenbolt.
About Eastern Property Holdings Ltd (now EPH European Property Holdings)
Eastern Property Holdings Ltd. is an investment company listed on SIX Stock Exchange which holds an extensive property portfolio with a total value of around EUR 1.3 billion, including several properties in Moscow as well as more recent acquisitions in Berlin, Hamburg, Stuttgart and Vienna. As part of its geographical diversification and strategic intentions to stabilize values and cash flows, the company currently invests exclusively in Western Europe. EPH is managed by Valartis International Ltd. a wholly-owned subsidiary of Valartis Group AG.
For more information: http://www.easternpropertyholdings.com
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