The company's purpose is to carry out all commercial, financial, movable or immovable transactions, in particular brokerage, purchase, sale, administration, promotion, management, operation, rental, construction and development of all real estate, execution of all architectural and urban planning work as well as all services and consulting services in the field of real estate. The company may, either on its own account or on behalf of third parties, carry out all operations directly or indirectly related to its corporate purpose or likely to promote it, and take participations in other companies in Switzerland or abroad. The company may establish subsidiaries or branches both in Switzerland and abroad.