The company's purpose is to carry out all real estate operations, in particular the acquisition, holding, administration, appraisal, promotion, brokerage and sale of real estate. The company may, on its own account or on behalf of third parties, carry out all financial, commercial, industrial, real estate or movable transactions directly or indirectly related to its corporate purpose, establish branches abroad or subsidiaries in Switzerland and abroad, participate in all companies having a direct or indirect relationship with its purpose and grant loans or guarantees to associates or third parties, if this favors its interests.