The company's purpose is the purchase, sale, construction, rental and development of real estate as well as all real estate transactions and other ancillary activities. The company may: - establish branches in Switzerland and abroad, - participate in other companies in Switzerland and abroad, - acquire companies with an identical or similar purpose, or merge with such companies, - acquire, manage and dispose of properties, carry out all operations and conclude all contracts that serve to develop its purpose or are directly or indirectly related to it, - engage in any financial, commercial or industrial activity, whether movable or immovable, that is directly or indirectly related to its purpose, - grant loans or guarantees to shareholders or third parties if it serves its interests.