The merger operation consists of the acquisition, by Point Capital Partners – SCR, S.A. (“Point Capital Partners”), manager of the Shoppings Iberia I Fund – Venture Capital Fund (“Shoppings Iberia I Fund”), of exclusive control of Centro Novo Caldas da Rainha, S.A. (“CN Caldas da Rainha”) and Centro Novo Guarda, S.A. (“CN Guarda”), which operate under the name La Vie Caldas da Rainha Shopping Center (“LVCR”) and La Vie Guarda Shopping Center (“LVG”), respectively (together, “Acquired”).