The company's purpose is to carry out all operations in the real estate sector, excluding operations prohibited by the Federal Act of 16 December 1983 on the acquisition of real estate by foreigners (LFAIE), in particular the trade, exploitation and management of real estate, construction, transformation, renovation, financial and technical management, brokerage, as well as the resale of all properties and all real estate rights. The company may, in general, carry out all commercial, financial, movable and immovable transactions having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.