The company's purpose is to engage in any activity in the field of real estate, in particular construction, purchase, sale, brokerage and property management, excluding any real estate transaction prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE). The company may engage in any financial, commercial, industrial, movable or immovable activity, directly or indirectly related to its purpose or likely to promote its realization, conclude contracts that are intended to develop its activities or relate directly or indirectly thereto, receive income in the form of interest, commissions and dividends, create branches or subsidiaries in Switzerland and abroad, take participations, acquire or create identical or similar companies, participate in all companies having a direct or indirect relationship with its purpose. It may perform these operations for its own account or for the account of third parties. It may grant loans and provide guarantees in favor of any person, in particular its associates and managers.