The company's purpose is to engage in all activities in the field of real estate, in particular property development, holding and managing real estate, buying and selling real estate, as well as all activities that directly or indirectly enable the achievement of the aforementioned purposes, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners. The company also aims to acquire, manage, hold, administer and sell participations, directly or indirectly, in any companies or commercial, financial, securities or real estate enterprises, in Switzerland and abroad, as well as to finance such companies. It may establish branches in Switzerland or abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that serve to develop or achieve its purpose or are directly or indirectly related thereto. The company may grant or take loans to associates, affiliated companies or third parties, and grant or take guarantees of any kind to these same entities.