The company's purpose is to conduct all mobile, real estate, commercial and advisory transactions related to the purchase, sale, manufacture and brokerage, except for any operation subject to the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), in Switzerland and abroad. The company may conduct all mobile, real estate and commercial transactions related or unrelated to its purpose. It may establish branches or subsidiaries in Switzerland and abroad. It may conduct all transactions, take all participations in companies with a similar or similar purpose, conclude all contracts suitable for developing its purpose and related thereto. It may also, to the extent necessary for its own needs, acquire all real estate, sell it, conclude all loan agreements, establish all guarantees in favor of its shareholders. It may also borrow, grant or guarantee loans to its shareholders.