The company's purpose is to acquire, develop, manage and exploit real estate. The company may conduct all commercial, financial and industrial transactions related thereto, as well as carry out all transactions in the field of movable and immovable property. The company may, in connection with its main purpose, conduct all commercial, industrial and financial transactions and participate in similar or related companies, as well as acquire or establish similar or related companies. The company is authorized, in connection with its main purpose, to conduct trust transactions, acquire and sell properties in Switzerland and abroad, and manage properties. It may also acquire or manage shares in domestic and foreign companies.