The company's purpose is: All real estate operations, namely the realization of real estate promotions, the acquisition, holding, administration, construction, management and sale of real estate. The company may also carry out, either on its own account or on behalf of third parties, all commercial operations, whether financial, real estate or movable, in any form, including the acquisition of participations related to its purpose. It may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, conclude all contracts intended to develop and expand its purpose or related thereto directly or indirectly.