The company's purpose is any activity in the field of purchasing, selling, constructing, renovating, promoting and operating real estate. In this context, it may acquire or lease any movable or immovable property directly or indirectly related to this purpose and trade in it. The company may establish branches in Switzerland and abroad. Furthermore, it may carry out transactions of any kind, directly or indirectly related to its corporate purpose, in Switzerland or abroad. It may grant loans or guarantees of any kind to third parties or its shareholders.