The company's purpose is to carry out, both on its own account and on behalf of third parties, investment, representation, purchase, sale, brokerage, study, promotion, management, financing, and development of real estate and construction projects, as well as any other activities related to real estate, both in Switzerland and abroad; to develop all plans, projects, and financial plans for the execution of construction works; to execute or have executed and supervise all construction works, excluding operations prohibited by the Federal Act of December 16, 1983, on the acquisition of real estate by foreigners (LFAIE). The company may, in general, carry out all operations 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.