ASARE SA

Acquisition, construction, operation, development, management and disposal of real estate. The company may undertake all movable and immovable transactions and conclude all contracts that are intended to develop its purpose or are directly or indirectly related to it; engage in any financial, commercial or industrial activity directly or indirectly related to its purpose; establish branches or subsidiaries in Switzerland and abroad; participate in all enterprises in Switzerland or abroad, acquire companies with an identical or similar purpose or merge with such companies; grant loans or guarantees to shareholders or third parties if it serves its interests; carry out all transactions and conclude all contracts intended to develop and expand its purpose or directly or indirectly related to it.