The company's purpose is to engage in all activities in the field of real estate, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), in particular: a) the management, administration, operation and development of all properties, on its own account or on behalf of third parties; b) the purchase, sale and brokerage of all real estate; c) the execution of all renovation and transformation work on properties; d) the exercise of all mandates related to real estate activity. To this end, the company carries out, directly or indirectly, all commercial and financial operations in direct or indirect connection with its corporate purpose or likely to promote its realization. The company may, directly or indirectly, take an interest in all matters or enterprises in the field of real estate and take participations in Switzerland or abroad. The company may also grant loans and/or guarantees, in any form whatsoever, to its shareholders or third parties. The company may establish branches in Switzerland or abroad.