Effel MS SA

The management and administration of assets, in particular financial investments, the identification of real estate plots, construction, development, realization, promotion and sale of real estate, all services and consulting in the real estate sector as well as all activities within the scope of a licensed real estate manager; the company may also carry out all commercial, financial, industrial, real estate or movable activities, directly or indirectly related to its purpose and participate in all companies having a direct or indirect relationship with its purpose; the company may grant loans or guarantees to shareholders or third parties if it serves its interests; it may establish branches or subsidiaries in Switzerland and abroad.