The purpose of the company is the purchase, sale and rental of real estate that it owns at its foundation, as well as real estate that it may acquire later in Switzerland and/or abroad; the management, administration and use of these properties; the disposal of all or part of these assets, the rental of apartments and garages located in the aforementioned buildings and their annexes to its own shareholders or to third parties and, in general, any real estate, financial or commercial transaction that is directly or indirectly related to the company's purpose, excluding short-term speculative transactions. The company may grant loans or any other form of financing to its shareholders, affiliated companies (or third parties) and provide security of any kind for the direct or indirect benefit of shareholders, affiliated companies (or third parties), in particular in the form of guarantees, pledges or the fiduciary transfer of the company's assets.
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