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ELF 2 Ris Orangis Verwaltungs GmbH, Frankfurt a. Main, Germany
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The acquisition, management and sale of shareholdings in real estate companies within the meaning of the German Investment Code ("KAGB"), in which Savills Investment Management KVG GmbH (the "Savills-Invest") holds holdings for the account of an AIF within the meaning of the KAGB, including the assumption of personal liability and management, in particular the participation as a personally liable partner in Platin 1354. GmbH & Co. Verwaltungs KG, in future operating under the name of ELF 2 Ris Orangis Holding GmbH & Co. KG (hereinafter : "KG"), based in Frankfurt am Main. Transactions that are subject to the permission under Section 34c GewO are not part of the object of the company. 3.2 The Company is entitled to take all actions and to take all commercial measures that appear necessary or useful for the fulfilment of the purpose of the company. The company may conduct all transactions which are directly or indirectly suitable for the purpose of the company. It may acquire or participate in similar or similar undertakings. 3.3 In view of the fact that Savills-Invest is a capital management company within the meaning of the CGB, the company may not conduct business which Savills-Invest is not allowed to conduct itself and may only operate the transactions and activities referred to in paragraphs 3.1 and 3.2.
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