The company's purpose is the acquisition, development, construction, operation, sale, management and pledging of properties or real estate rights, and in general all financial or commercial transactions related to its purpose. The company may, in Switzerland and abroad: establish branches and subsidiaries; participate in other companies, acquire or establish other companies that are directly or indirectly related to its purpose; carry out, in general, all financial, commercial and real estate transactions that promote its development and are directly or indirectly related to its purpose; carry out these transactions for itself or on behalf of third parties, as agent, representative, commissioner or have them carried out for itself by third parties; grant loans to shareholders or third parties, grant leases, guarantee loans from shareholders or third parties, secure its loans by issuing or pledging mortgage securities or by subscribing to any financial obligation.