The company's purpose is the purchase, sale, construction, transformation, rental and management of real estate. The company has the power to acquire interests in any form in all companies or corporations with an identical or similar purpose, or which are likely to promote its social purpose, through the creation of new companies or enterprises, contributions, subscriptions, or purchases of securities and participations or social rights, or through mergers or associations. The company may, on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions directly or indirectly related to its purpose. Finally, the company may establish branches in Switzerland and abroad.