The company's purpose is the acquisition, holding, letting and sale of real estate, in particular residential properties, in Switzerland and abroad. It strives in particular to rent such residential properties to staff of public institutions, hotels, restaurants or bars of affiliated companies. The company may also carry out all commercial, financial and property transactions directly or indirectly related to its corporate purpose. It may also establish branches and subsidiaries in Switzerland and/or abroad, take participations in other companies, acquire or establish them and carry out all commercial, financial or other transactions that are directly or indirectly related to its corporate purpose. It may also grant loans or other financing, on an onerous or gratuitous basis, to its direct or indirect parent companies and their direct or indirect subsidiaries, and provide security of any kind for the obligations of such group companies, including guarantees, pledges and fiduciary transfers of the company's assets.
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