The company's purpose is to carry out all real estate transactions such as purchasing, developing, selling, managing, promoting and brokering, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); all activities in the field of construction, in particular renovation and finishing work. The company may also: a) carry out all commercial, financial or movable transactions; b) grant loans or guarantees to associates or third parties, if it serves its interests; 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.