The company's purpose, in Switzerland and abroad, within the limits of the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), is: the purchase, sale, brokerage, management, administration, operation and development of real or personal property, as well as all related operations, including fiduciary activities; all activities related to real estate promotions, in particular the planning, development and execution of these promotions; the acquisition, sale, holding, management and administration of participations in any type of company or corporation. The company may: engage in any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose; establish branches or subsidiaries in Switzerland and abroad, participate in any undertaking having a direct or indirect connection with its purpose; grant loans or guarantees to shareholders or third parties, if this serves its interests.