The purchase, sale, management, administration and rental of land and real estate for its own account; for the purchase and sale of real estate and land in Switzerland exclusively in accordance with Art. 2 para. 2 lit. a LAFE (for exclusive use for business establishment) as well as any operation aimed at employing its assets in compliance with the applicable legislation. The company may participate in other companies, represent them and carry out any commercial and financial operation related to the company's purpose. It may open branches and subsidiaries both in Switzerland and abroad. It may also act as a holding company and carry out any other activity directly or indirectly related to the company's purpose.