Gerardi Palace SA

operation of a business in the real estate sector, in particular the purchase, sale, rental, promotion, construction, renovation, transformation, operation, administration, management, appraisal and brokerage of real estate as well as all operations converging with its purposes; the company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad; it may acquire, hold and dispose of properties; it may carry out all commercial, financial and other activities related to its purpose; it may also create branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect relationship with its purpose; it may also grant loans or guarantees to shareholders or third parties if it serves its interests