The company's purpose is the purchase and sale of all real estate and any general business activity, as well as the operation of restaurants and hotel apartments, excluding any transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may establish branches and subsidiaries in Switzerland and abroad. The company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable or immovable transactions directly or indirectly related to its corporate purpose, both in Switzerland and abroad.