The company's purpose is the purchase, sale, construction, transformation and development of real estate of all kinds, the execution of all real estate promotion operations, as well as all service and administrative activities related thereto (excluding operations prohibited by the LFAIE). The company may: - engage in any financial, commercial or industrial activity, movable or immovable, directly or indirectly related to its purpose, excluding operations prohibited by the LFAIE; - open branches or subsidiaries in Switzerland and abroad; - participate in all companies having a direct or indirect relationship with its purpose; and - grant loans or guarantees to shareholders or third parties if it serves its interests.