Enrique Banuelos, head of Spanish real estate company Astroc, confirmed on Wednesday that he is considering leaving Astroc's board in the near future, newspaper Cinco Dias reported. The move comes in the wake of the dramatic drop of Astroc's share price since last April. The company's share price was valued at some EUR 75 last February, but plunged as low as EUR 9.12 in the last week.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
