The company's purpose is: the purchase, sale, enhancement, and development of real estate. The company may also, either for its own account or for the account of third parties, carry out all commercial, movable, and financial operations, directly or indirectly related to its purpose, in any form whatsoever, notably in the form of participations. The company may open branches in Switzerland and abroad, found or acquire any enterprise pursuing an analogous or complementary purpose. The company may grant loans or any guarantees either to its shareholders or to third parties.