The company's purpose is to acquire, sell, design, build, rent, administer and manage its own real estate, all in compliance with applicable regulations, with particular reference to the Federal Law on the Acquisition of Land in Switzerland by Foreigners (LAFE). The company may also engage in activities such as granting loans, guarantees, including mortgages, sureties and guarantees in favor of its shareholders as well as third parties, excluding the exercise of banking and insurance activities. The company may directly or indirectly acquire interests and participations in other companies or industrial, commercial, financial and service enterprises in Switzerland or abroad, in the sector related to the company's purpose or in other sectors, and open branches and subsidiaries in Switzerland and abroad. The company may carry out any other commercial, industrial, financial or other operation necessary or useful, functionally connected with the company's purpose or aimed at achieving it.
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