The company's purpose is any real estate transaction, purchase, construction, rental and sale of all buildings and land, management administration and operation of said buildings as well as promotion, renovation of buildings and holding and disposal in Switzerland and/or abroad of financial participations of all kinds, directly or indirectly, as well as the financing of companies both in Switzerland and abroad and all commercial or financial activities converging therewith; the company may also acquire movable or immovable objects related or unrelated to its corporate purpose, including all acquisitions of buildings. It may carry out any financial or commercial transaction related to its purpose or apt to favor it. Furthermore, it may create branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect relationship with its purpose.