The company's purpose is the purchase, sale, construction, renovation, trade, development, promotion, administration, management, brokerage of real estate and in general the provision of all services and performances in the field of real estate and construction. It may carry out all operations related to this activity as well as all operations that are likely to promote the purpose and interest of the company. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that are suitable for developing or achieving its purpose or relating directly or indirectly thereto. It may grant loans or guarantees to shareholders or third parties if this promotes its interests.