The purpose of the company is: all activities in the field of real estate, in particular the purchase, sale, rental, management, promotion and brokerage, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE), as well as all consulting and training activities in the field of construction and real estate. The company may also: a) carry out all commercial, financial or securities transactions; b) take participations in other companies; c) in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.