The company's purpose is to engage in all consulting, study, expertise, research and service activities in administrative, financial, real estate, commercial or other matters. It may carry out any activity having a direct or indirect connection with its main purpose. The company may also: a) carry out all commercial, financial, movable or real estate transactions, the latter provided they are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); b) take participations in other companies; 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.