The company's purpose is the management and administration of all real estate and movable assets, both on its own account and on behalf of third parties, as well as the acquisition, construction, operation and possible resale of all buildings in Switzerland and abroad; management and administration of insurance portfolios, participation in other companies. The company may carry out any operation related to its corporate purpose, in particular acquiring real estate. The company may open branches in Switzerland or abroad. Furthermore, the company may engage in any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose in Switzerland or abroad. The company may grant loans or guarantees to associates or third parties if it serves the interests of the company.