The purpose of the company is: a) the purchase, sale, construction, development and exploitation of real estate, as well as real estate transactions and promotions, with the exception of operations prohibited by the LFAIE; b) as an ancillary activity, the execution of all commercial and financial operations - whether movable or immovable - directly or indirectly related to the above purpose, as well as the acquisition of interests in all Swiss or foreign companies pursuing identical or analogous purposes, with the exception of operations prohibited by the LFAIE. The company may also grant loans and/or guarantees, in any form, to its shareholders or third parties. The company may conduct its activities both abroad and in Switzerland.