The company's purpose, both in Switzerland and abroad, is the purchase, sale, promotion, development, operation, rental, maintenance, management, administration, and enhancement of real estate, as well as the appraisal and exchange of built or unbuilt properties, the acquisition of participations, the management and brokerage of securities and values, and any activity of a fiduciary nature, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may carry out all operations of any kind, directly or indirectly related to its purpose. It may establish branches or subsidiaries in Switzerland and abroad. It may grant loans or guarantees of any kind, either to third parties or to its shareholders, if this serves its interests.