The company's purpose is to engage in any activity in the field of real estate, in particular the purchase, sale, rental, exchange, holding, administration, brokerage, promotion and management of real estate properties located in Switzerland or abroad, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE, RS 211.412.41). It may carry out all operations that are directly or indirectly related to its main purpose. The company may establish branches or subsidiaries in Switzerland and abroad and participate in all companies having a direct or indirect relationship with its purpose. The company may grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, and pledge its assets to secure any claim.