The company's purpose is the purchase, sale, construction, rental and development of real estate as well as all real estate transactions and other ancillary activities. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, acquire, manage and dispose of properties, carry out all operations and conclude all contracts suitable for developing its purpose or related thereto directly or indirectly, with the exception of operations prohibited by the LFAIE.