The company's purpose is the purchase, holding, sale, leasing, and management of real estate. The company may carry out all operations directly or indirectly related to this purpose as well as all operations aimed at promoting the company's purpose and interest. The company may also, in Switzerland and abroad: establish branches or subsidiaries, take stakes in, and more generally participate in, all enterprises and entities directly or indirectly related to its purpose; carry out, either for its own account or for the account of third parties, all financial, commercial, movable, or immovable operations (excluding operations subject to authorization under the federal law on the acquisition of real estate by foreigners (LFAIE)) directly or indirectly related to its purpose or likely to promote it, in particular, when the law permits, acquire, manage, operate, and sell real estate; grant loans or any other form of financing, and provide securities of all kinds, directly or indirectly for the benefit of its shareholders, companies of the same group, or third parties, in particular in the form of guarantees, pledges, or securities over the company's assets.