The company's purpose is the management of real estate. The company may also: carry out all commercial, financial, movable or real estate transactions, the latter to the extent that they are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); take participations in other companies; grant loans or guarantees to associates or third parties, if it serves its interests; in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad.