The company's purpose is the purchase, sale and construction of real estate as well as any development of these properties, including the realization of real estate promotions and brokerage related thereto, or any property management and administration activity. The company may also develop all activities related to the administration of pension funds or property management, or any activities related to tourism, in particular hotel management, the provision of infrastructure related to hospitality and catering, as well as the sale of real estate funds. It may carry out all financial operations related to this activity as well as all operations likely to promote the purpose and interest of the company. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies, acquire or sell properties and conclude all contracts intended to develop or achieve its purpose or related thereto directly or indirectly.