The company's purpose is the purchase, sale, construction, development and exploitation of real estate, as well as real estate transactions and promotions, with the exception of operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may: - engage in any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; - establish branches or subsidiaries in Switzerland and abroad; - participate in any enterprise having a direct or indirect relationship with its purpose; grant loans or guarantees to shareholders or third parties, if it serves its interests.