Pipalim SA

The company's purpose, in strict compliance with the rules governing the acquisition of real estate by foreigners, is: a) to purchase, sell and manage real estate in Switzerland and abroad; b) to carry out any commercial and service activities related to real estate, including the study, planning and implementation of any real estate project; c) to execute, on its own behalf and on behalf of third parties, all mandates related to promotion, management and administration in the real estate sector; d) to acquire and manage participations in Swiss or foreign companies and enterprises (for full purpose see articles of association).