The company's purpose is: the purchase, sale, exploitation, rental and management of properties and land, as well as the construction, transformation and renovation of buildings, real estate brokerage, property development and all related operations, excluding operations prohibited by the LFAIE. In general, the company may create branches or subsidiaries in Switzerland and abroad, participate in other companies, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to associates or third parties against remuneration or free of charge, as well as pledge its own assets in favor of associates or third parties, carry out, both in Switzerland and abroad, all financial, commercial, real estate and other operations and conclude all contracts intended to develop its purpose or related thereto directly or indirectly.