The purchase and sale of real estate as well as all real estate activities, excluding operations prohibited by the LFAIE. It may carry out all operations related to this activity as well as all operations that may favor the purpose and interest of the company. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that may develop or achieve its purpose or relate directly or indirectly to it.