The company's purpose is the purchase, sale and construction of all real estate. It 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 suitable for developing and expanding its purpose or directly or indirectly related to it. The company may buy, sell, rent real estate in Switzerland and abroad, within the framework of its activity and except for operations prohibited by the LFAIE.