The company's purpose is the purchase, sale, management and development of real estate as well as all other activities related to real estate, excluding operations prohibited by the Federal Act of December 16, 1983 on the acquisition of real estate by foreigners (LFAIE). The company also aims to operate a general construction and renovation business. 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.