Astroc's main shareholders will propose to change the name of the troubled Spanish company to Afirma in an attempt to re-brand the group and relaunch it in the current year. The proposal will be presented at a shareholders´ meeting to be hold on February 7. The move follows the collapse of the company's share price in recent months. On Tuesday, Astroc shares closed at an historic low of EUR 3.64 per share.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
