The company's purpose (in compliance with the rules regarding the acquisition of real estate by foreigners) is: the acquisition and administration of participations, on its own account or on behalf of third parties, as a representative or in a fiduciary capacity, in commercial, industrial, financial, movable or real estate companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form; and more generally, to carry out all operations and assume all functions, both on its own account and on behalf of third parties, that may be related to the company's purpose or any similar or related purpose, in particular to acquire real estate (for the complete purpose, see the articles of association).