The company's purpose is to prepare, finance and carry out all operations related to real estate in general. The company may in particular carry out any transaction in the field of buying, selling, brokerage, exchange, renting, construction, financing, management or administration of buildings or land, with or without accessories. The company may in this context acquire, hold and dispose of buildings as well as carry out any development of real estate, as well as carry out or participate in all real estate promotions. It may carry out all financial operations related to this activity as well as all operations 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, acquire or sell buildings and conclude all contracts intended to develop or achieve its purpose or related thereto directly or indirectly.