The company's purpose is: the purchase, sale, exchange, construction for its own account or for the account of third parties of movable and immovable property, as well as all architectural work, the establishment of neighborhood plans, subdivision, operation, management, rental, brokerage, financing of buildings and participation in all companies in the real estate sector. The company may acquire and administer participations, for its own account or for the account of third parties, in commercial or industrial enterprises, located in Switzerland or abroad, by acquiring shares, bonds, parts, holding claims or any other suitable form, taking patents and trademarks. The company may grant loans to shareholders or third parties, guarantee loans subscribed by shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to secure any claim. The company may carry out any commercial and financial activity, any investment or other activity directly or indirectly related to its purpose or which is intended to achieve it. It may carry out these transactions for itself or on behalf of third parties, as a representative or agent, or have them executed on its behalf by third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad.