The Company's purpose is to carry out any activity in the field of real estate, in particular the purchase, development, holding, management and sale of real estate; real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners are excluded. The Company may, in particular, in Switzerland and/or abroad: carry out any financial, commercial or industrial activity, whether movable or immovable (real estate transactions prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners are excluded) directly or indirectly related to its purpose, participate in any undertaking directly or indirectly related to its purpose, establish branches or subsidiaries in Switzerland and abroad, grant loans or guarantees to shareholders, subsidiaries, parent companies, sister companies or third parties, if it serves its interests or those of the group of companies to which it belongs.
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