The purpose of the company is: holding, acquiring, managing and exploiting, developing and realizing direct and indirect participations of any kind in commercial, industrial, financial and real estate companies, as well as holding assets and intangible rights; carrying out real estate activities, purchasing, constructing, managing, promoting, developing and selling real estate, as well as brokerage, consulting and all services in the real estate sector. It may also open branches in Switzerland and abroad, carry out all activities directly or indirectly related to its purpose, take participations, found or finance companies having a direct or indirect connection with its purpose, excluding any operation subject to the LFAIE; the company may grant its direct or indirect shareholders, as well as its direct or indirect subsidiaries, against remuneration or not, loans or other financing and provide, to cover the commitments of such other companies, securities of all kinds, including by way of pledge or fiduciary transfer of ownership of the company's assets or by way of guarantees of all kinds.