The company's purpose is any activity in the context of the realization of real estate projects, promotions, developments, enhancements, purchases, renovations, rentals, and sales of real estate, brokerage and management, excluding operations prohibited by the Federal Act of December 16, 1983 on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.