In Switzerland and abroad, to buy, sell, renovate and rent real estate, in particular through acquisition, trading, rental, interior and exterior maintenance, renovation and repair, transformation, brokerage as well as through the management and promotion of real estate, as well as through construction and renovation in the same field. The company may also: a) carry out all commercial, financial, movable and immovable transactions, provided that these are not subject to the Federal Act on the Acquisition of Real Estate by Foreigners of December 16, 1983 (LFAIE); b) take participations in other companies; c) in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.