The company's purpose is the purchase, sale, exchange, construction, rental and operation of properties located in Switzerland, excluding any transactions subject to authorization under the Federal Act on the Acquisition of Real Estate in Switzerland by Foreigners. It may establish branches in Switzerland or abroad, participate in other companies, acquire all real estate companies within the scope of its activities, acquire or establish companies with an identical or similar purpose, grant loans or guarantees to shareholders or third parties if it serves its interests, carry out all operations and conclude all contracts that are conducive to achieving its purpose or are directly or indirectly related to it.