The company's purpose is the development of projects, the purchase, sale and brokerage of real estate, real estate promotion, construction, conversion, renovation of real estate, excluding all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, as a secondary purpose, both in Switzerland and abroad: establish branches, in general, carry out any financial, commercial or industrial activity, movable or immovable (excluding any operation prohibited by the LFAIE), directly or indirectly related to its purpose, grant loans to its associates and third parties, guarantee loans subscribed by associates and third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment.