The company's purpose is the leasing or acquisition of hotel operations or accommodations intended for student housing, excluding operations prohibited by the LFAIE. The company may carry out all commercial, financial or other operations that have a direct or indirect connection with its corporate purpose in Switzerland and abroad. The company may acquire, hold and dispose of real estate within the limits of the federal law on the acquisition of real estate by foreigners (LFAIE). The company may grant loans or guarantees to shareholders or to third parties. It may establish branches and subsidiaries in Switzerland and abroad.