The company's purpose is: the purchase, rental, sale and management of all real estate in Switzerland and abroad, excluding all operations subject to the LFAIE; the execution of demolition, renovation, construction work on existing buildings and/or the construction of new buildings. The company may exercise, in Switzerland or abroad, all activities, create branches, assume participations in all companies, engage in all operations directly or indirectly related to its purpose and grant loans to shareholders or third parties or guarantee them.