The purchase, sale, management, rental and all operations in the field of real estate and land ownership abroad, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may establish branches in Switzerland and abroad; it may acquire participations in all companies in Switzerland and abroad. The company may carry out all securities, real estate, financial and commercial transactions and perform all functions that would be of a nature to develop the corporate purpose or that would have a direct or indirect connection with this purpose.