The company's purpose is the acquisition (direct or indirect), construction, ownership, management, promotion, and sale of commercial and residential real estate and land, in Switzerland and abroad. The company may establish branches and subsidiaries in Switzerland and abroad. The company's purpose also includes the acquisition, holding, and management of interests in any companies or enterprises, both in Switzerland and abroad, with the specification that it may hold interests in Switzerland in real estate companies whose purpose is the acquisition of properties for commercial or residential use. The company may provide management services to all affiliated companies. The company may enter into and/or benefit from financing of any kind for its own account or for the account of third parties, and in particular, credit or securities operations (including the granting of privileges, assignments and transfers of ownership as security, guarantees, surety contracts, letters of intent, indemnification obligations and economic benefits associated with these operations), for a fee, or free of charge, in favor of and/or in relation to the commitments of the direct or indirect shareholders, subsidiaries and other affiliated companies, even if these financing, credit or hedging operations are in the exclusive interest of the direct or indirect shareholders and/or the affiliated companies. The company may also carry out all operations that are directly or indirectly related to its corporate purpose or that promote or facilitate its development.