The company's purpose is: all activities in the field of real estate, such as, in particular, the purchase, sale, holding, rental, renovation and development of all real estate; the acquisition of participations in all companies in Switzerland and abroad. The company may, in direct or indirect connection with its purpose, carry out all financial, commercial and real estate transactions, participate in all enterprises or activities in Switzerland and abroad, establish branches or subsidiaries in Switzerland and abroad. It may grant guarantees, make loans or advances to associates or third parties.