The company's purpose is: the purchase, sale, exchange, design, construction, renovation of real estate, the promotion and management of real estate activities, the administration, management, brokerage and rental of properties, all on its own account. The company may, on its own account, carry out any other commercial and financial activity, perform brokerage and consulting services, provide services in every sector of the economy. The company may open branches and subsidiaries in Switzerland and abroad, acquire participations in other companies in Switzerland and abroad and carry out all operations directly or indirectly connected to its purpose. It may also provide financing on its own account or on behalf of third parties and grant guarantees and sureties for controlled companies and third parties.