The company's purpose is the purchase, sale, construction, development and exploitation of real estate, as well as real estate transactions and promotions; all real estate transactions subject to or prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners are excluded. The company may: carry out any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose; create branches or subsidiaries in Switzerland and abroad, participate in any company having a direct or indirect connection with its purpose; grant loans or guarantees to shareholders or third parties if it serves its interests.