The company's purpose is the rental, operation and management of real estate, excluding all real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may engage in all activities directly or indirectly related to its main purpose, in particular in the field of patents, licenses, trademarks or intangible rights. It may participate financially or in any other way in all companies or corporations pursuing a similar or related purpose to the company's main purpose. The company may establish branches in Switzerland and abroad, carry out all commercial, movable or real estate transactions and conclude all contracts that serve to develop its purpose or are directly or indirectly related to it. The company may grant loans or guarantees to shareholders or third parties if it serves its interests.