Eastern Property Holdings has adapted its investment horizon with 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. The company will change its name and operate as EPH European Property Holdings. With the name change, the company is underlining its geographic change and will continue its intensive expansion phase across Western European real estate markets. The name change will become effective upon registration in the commercial registrar. Mr. Christodoulos Vassiliades has resigned as board member and management committee member of EPH with immediate effect. As his replacement the Board of Directors has appointed Mrs. Annamaria Vassiliades as Director of the Board and member of the Management Committee of the company.