Rittera SA Verbier

All real estate transactions, purchase, construction, rental, sale, management, administration, exploitation of all buildings and land, and all financial and commercial operations related thereto. May establish branches in Switzerland and abroad, found companies with analogous or identical purpose and participate therein, and enter into all transactions and contracts serving the purpose. The company may mortgage all or part of its real estate assets in favor of a shareholder of the company or a third party.