The company's purpose is to engage in all activities in the field of real estate, in particular real estate development, holding and managing real estate, buying and selling real estate, as well as all activities that directly or indirectly enable the achievement of the aforementioned purposes. The company also aims to acquire, manage, hold, administer and sell participations, directly or indirectly, in any companies or commercial, financial, securities or real estate enterprises, in Switzerland and abroad, as well as to finance such companies. The company may establish branches in Switzerland and abroad and carry out all activities that have a direct or indirect connection with its purpose. The company may grant or take out loans to shareholders, affiliated companies or third parties, and grant or take out guarantees of any kind to these same entities.