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Public Service Properties Investments Limited was incorporated in 2001, is domiciled in the British Virgin Islands (registered office at Nerine Chambers, Road Town, Tortola, British Virgin Islands) and is the parent company of the PSPI Group. Public Service Properties Investments Limited and its subsidiaries (together "the Group" or "the Company"), was an investment property group with a portfolio in Germany. At 31 December 2015 the Group owned four investment properties in Germany which were presented as held for sale and their results for the year treated as discontinued operations. During the six months ended 30 June 2016 these sales successfully completed and, as such, the Group holds no investment properties at 30 June 2016. The Group has given a number of representations and warranties in respect of the various sale transactions.
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