The company's purpose, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), is the management and administration of all real and personal property, as well as the acquisition, construction, operation, and possible resale of all properties located in Switzerland and abroad. The company may also carry out all commercial, financial, industrial, and mobile transactions in direct or indirect relation to its corporate purpose. Furthermore, it may establish branches or subsidiaries in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose, grant loans or guarantees to associates or third parties, if it serves its interests.