The company's purpose is the purchase, sale, trade, administration, management, brokerage of real estate and in general the provision of all services and performances in the field of real estate, in particular the construction, promotion, development, transformation and exploitation of built or unbuilt properties and all real estate rights; b) the trade in art and collectibles. It may carry out all operations related to its purpose as well as all operations that are 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 and conclude all contracts that are likely to develop or achieve its purpose or are directly or indirectly related to it. It may grant loans or guarantees to associates or third parties if it serves its interests.