The company's purpose is to carry out all real estate operations such as buying, building, renovating, renting, transforming, selling and managing properties, real estate development and all real estate realizations in the form of a general or total contractor, subject to the operations prohibited by the LFAIE. The company may also: a) carry out all commercial, financial or securities transactions; b) take participations in other companies; c) in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.