The company's purpose is the acquisition, holding and disposal of all real estate in Switzerland and abroad (in Switzerland, except for operations prohibited by the LFAIE); general enterprise for the transformation and construction of buildings, as well as all imports and purchases for its own assets only. The company may carry out in Switzerland and abroad, either on its own account or on behalf of third parties, all commercial, financial or real estate transactions (except for operations prohibited by the LFAIE) directly or indirectly related to its purpose, take participations in all commercial, industrial or financial enterprises (except for operations prohibited by the LFAIE), create branches in Switzerland and abroad. The company is authorized to take financing, restructuring and intercession measures for the benefit of shareholders, group companies or third parties, as well as to grant loans or guarantees to shareholders, group companies or third parties when it serves its interests.