The company's purpose is: The purchase, sale, construction and operation of all real estate, in particular long-term, seasonal or short-term rental; The management, brokerage and valuation of real estate; The acquisition, management and administration of participations in other companies both in Switzerland and abroad; The company may also carry out any financial and commercial operation that directly or indirectly pursues its social purpose, as well as grant loans to its shareholders, subsidiaries or any other third party of its choice. The company may create branches or subsidiaries 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, acquire or sell properties, carry out all operations and conclude all contracts that are suitable for developing and expanding its purpose or are directly or indirectly related to it. In general, it may carry out any operation and conclude any contract that is suitable for developing and expanding its purpose or is directly or indirectly related to it.