The company's purpose is the purchase, sale, brokerage, management of real estate and all activities related to real estate, as well as the operation of a general and construction company. The company may also: carry out all commercial, financial, movable or real estate transactions, the latter to the extent that they are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); take participations in other companies; in general, carry out all commercial, financial, movable or real estate transactions in direct or indirect relation to the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad. The company may carry out all commercial, financial, movable or real estate transactions in direct or indirect relation to this purpose.