The company's purpose is the acquisition and sale of real estate, within the limits of the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE). The company may also carry out all commercial, financial and securities transactions; take participations in other companies and, 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.