The company's purpose is to carry out all real estate operations such as purchasing, developing, managing, leasing, promoting, brokering, and selling, all excluding any operations prohibited by the Federal Law on the Acquisition of Real Estate by Persons Abroad of December 16, 1983 (LFAIE). The company may also engage in all commercial, financial, or securities transactions; take participations in other companies and, in general, carry out all operations directly or indirectly related to the company's purpose in Switzerland and abroad. The company may have subsidiaries or create branches in Switzerland and abroad.